Swiss National Bank warns of economic fallout from trade conflict
5 Articles
5 Articles
SNB chief warns country is more vulnerable to US trade conflict
Swiss National Bank (SNB) President Martin Schlegel has warned that the country will be hit harder than most by the escalating trade war between the US and the rest of the world. In a speech on Friday at the Swiss National Bank’s annual shareholder meeting in the Swiss capital, Schlegel stated that the situation is uncertain for all countries involved. However, he noted that as a small and open economy, Switzerland is especially hit hard by the …
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