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SNB’s Zurbruegg Says Negative Rates Key to Prevent Rise in Franc

  • ‘The pickup in inflation in Switzerland is temporary’
  • Central bank vice president comments in Sonntagszeitung
Fritz Zurbruegg
Fritz ZurbrueggPhotographer: Stefan Wermuth/Bloomberg

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The Swiss National Bank’s negative interest rates remain essential to prevent a rise in the franc that thwart economic growth, Vice President Fritz Zurbruegg told Sonntagszeitung in an interview.