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SNB's Schlegel says Switzerland comfortable on inflation

Original: SNB's Schlegel says Switzerland in comfortable spot on inflation

Swiss National Bank chairman Martin Schlegel said Switzerland is in a comfortable position on inflation, in remarks picked up by market commentators. The comments suggest the central bank sees price pressures well under control, reinforcing expectations that Swiss interest rates can stay on hold, with traders watching for any signal on the franc and future policy direction.

Why now: Markets are watching the SNB for hints on interest rate policy as Swiss inflation stays low.

Martin SchlegelSwiss National BankSwitzerland

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