Swiss National Bank chairman warns Middle East conflict will impact economic outlook. The official noted potential risks to the economy stemming from regional instability.
The chairman of the Swiss National Bank stated that the ongoing conflict in the Middle East is expected to negatively impact the economy.
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The chairman of the Swiss National Bank stated that the ongoing conflict in the Middle East is expected to negatively impact the economy.
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UPDATE: Swiss National Bank President Martin Schlegel says the bank is monitoring fallout from the Iran war and is prepared to intervene in the foreign exchange market to manage the franc if necessary.
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