SNB's Maechler: We are seeing more signs of second-round inflation effects

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Adam Button

05/10/2022 | 12:25 GMT

Comments from Maechler

Spread of inflation is why we have tightened monetary policy, to dampen inflation
It is quite possible the SNB could raise rates again

I can see a scenario where Switzerland runs into a real inflation problem, sending the franc far higher.

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