Eurozone crisis weighs on Swiss exit plans: SNB's Jordan
Thomas Jordan, the vice-chairman of the governing board at the Swiss National Bank, on Thursday said that while the central bank anticipated inflationary pressures, renewed uncertainty in Europe meant it could not exit from the current accommodative monetary stance.
"On the one hand, there is a danger of inflationary tendencies and the renewed formation of a bubble. On the other hand, downside risks are still present or are again reappearing, and should not be underestimated. They relate, in
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