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USD CHF EXIT177

Swiss National Bank chief says policy will remain expansionary despite inflation upgrade. Swiss GDP is now projected to grow 3.5% this year, up from its previous forecast of between 2.5% and 3%. SNB Governor Thomas Jordan told CNBC that this was not sufficient reason to change course, as the central bank held its base policy rate at a global low of -0.75%. 

USD CHF 20210608 10.31

 

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