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SNB’s Jordan: Price stability is a crucial precondition for growth and prosperity

  • The mandate of the SNB is to maintain price stability — a crucial precondition for society and a good functioning economy
  • Price stability is a crucial precondition for prosperity

These are boilerplate comments. I’ll highlight anything new if it crosses.

USD/CHF is up 45 pips to 0.8467 today.

More:

  • The central bank reacted early to the inflation rise and this kept inflation under control

This article was written by Adam Button at www.forexlive.com.

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