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SNB Likely to Follow Interventions With Interest-Rate Cut

  • Five economists in Bloomberg survey expect easing this quarter
  • ECB is set to ease policy, adding to pressure on franc
Swiss National Bank President Thomas Jordan Address Annual Shareholder Meeting
Photographer: Stefan Wermuth/Bloomberg
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The Swiss National Bank may have to do more than pump billions into foreign exchange markets into prevent the franc from appreciating to a damaging level.