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Top related persons:
exacerbation - 1 Swissmem - 1 SNB - 1 Kyle Chapman - 1 Chapman - 1 Thomas Jordan - 1 Jordan - 1 Adrian Prettejohn - 1
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Zurich Switzerland Swiss Europe
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Swiss National Bank - 1 European Central Bank - 1 U.S . Federal Reserve - 1 Swiss - 1 U.S . - 1 ING - 1 Ballinger Group - 1 Capital Economics - 1

Search resuls for: "Swissmem"


2 mentions found


☆ Swiss central bank cuts rates by a quarter point in third trim this year
  + stars: | 2024-09-26 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +4 min
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. It was the first major Western central bank to reduce interest rates back in March. Domestically, Swiss inflation remains subdued, with the latest headline print pointing to a 1.1% annual increase in August. Further cuts in the SNB policy rate may become necessary in the coming quarters to ensure price stability over the medium term," it added. He added that the central bank may nevertheless have to reduce rates again to retain inflation in the 0-2% target range.
Persons: exacerbation, Swissmem, SNB, Kyle Chapman, Chapman, Thomas Jordan, Jordan, Adrian Prettejohn, Prettejohn Organizations: Swiss National Bank, European Central Bank, U.S . Federal Reserve, Swiss, U.S ., ING, Ballinger Group, Reuters, Capital Economics Locations: Zurich, Switzerland, Swiss, Europe
☆ Analysis: Swiss neutrality on the line as arms-for-Ukraine debate heats up
  + stars: | 2023-02-06 | by ( John Revill | ) www.reuters.com   time to read: +5 min
Buyers of Swiss arms are legally prevented from re-exporting them, a restriction that some representing the country's large weapons industry say is now hurting trade. Under Swiss neutrality, which dates back to 1815 and is enshrined by treaty in 1907, Switzerland will not send weapons directly or indirectly to combatants in a war. Third countries can in theory apply to Bern to re-export Swiss weapons they have in their stocks, but permission is almost always denied. Meanwhile the right-wing Swiss People's Party (SVP), the lower house's largest party and traditionally staunch defenders of neutrality, now appears divided. ($1 = 0.9132 Swiss francs)Reporting by John Revill; editing by John Stonestreet and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
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