
Swiss National Bank's Tschudin Advocates for Cash alongside Instant Payment Innovations
In a recent statement, the Swiss National Bank (SNB) board member, André Tschudin, emphasized the enduring importance of cash in the modern economy despite the rapid rise of instant payment technologies. Tschudin's remarks come at a time when digital transactions are becoming increasingly preferred by consumers, posing a challenge to the traditional role of physical currency.
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Swiss National Bank Considers Subzero Rate Option to Manage the Franc: Insights from Tschudin
In a recent interview with the Neue Zürcher Zeitung, Swiss National Bank (SNB) board member, Andrea Tschudin, shared critical insights about the central bank's strategies to navigate an increasingly complex economic landscape. The discussion centered on the possibility of introducing subzero interest rates as a tool to stabilize the Swiss franc, especially amidst growing uncertainties surrounding the global economy.
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Swiss National Bank Official Declares Inflation Successfully Contained Within Target Range
In a recent address, SNB (Swiss National Bank) governing board member, Andrea Tschudin, emphasized that Switzerland’s inflation rate is firmly anchored within the central bank's target range of 0-2%. This assertion comes amidst ongoing global economic volatility and rising concerns over inflationary pressures that have plagued many other economies.
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