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Swiss National Bank Monitoring Any Spillovers From Evergrande
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SNB s Jordan Said to Join This Week s Decision After Illness
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U.S. Inflation Spurt, China GDP Scrutiny, Hunger Crisis: Eco Day
This content was published on July 13, 2021 - 23:04
July 13, 2021 - 23:04
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Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
Prices paid by U.S. consumers surged by the most since 2008, topping all forecasts, as ex-Treasury Secretary Lawrence Summers met at the White House with two top economic aides. Bloomberg Economics models the path from transitory to persistent CPI
After China’s surprise central bank support, key economic data released Thursday will be studied for signs the world’s second-largest economy is entering a new post-pandemic phase
SNB s Jordan Sees No Use in Revising Inflation Objective
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Swiss Economy Seen Tipping Into Recession on Virus Shutdowns
Feb 15 2021, 11:55 AM
February 12 2021, 4:18 PM
February 15 2021, 11:55 AM
(Bloomberg) Switzerland is sinking into recession because of business closures to combat the pandemic, according to economists surveyed by Bloomberg.
(Bloomberg) Switzerland is sinking into recession because of business closures to combat the pandemic, according to economists surveyed by Bloomberg.
While the nation has less-stringent rules on social distancing than neighboring countries, shops, restaurants and leisure facilities are still closed at least until the end of February.
The median forecast was for a 0.7% drop in gross domestic product in the final quarter of 2020, and a further contraction of 0.6% in the first three months of 2021. Figures for the end of last year are due later this month.