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Switzerland's Federal Council Breaks a Monetary Policy Taboo

Published: April 11, 2023

By enacting emergency legislation to allow UBS to take over Credit Suisse, the central tenet of Swiss monetary policy has been undermined and the independence of the SNB compromised, says a Swiss economic think tank.

Source: finews.com

Related Topics:

Laurenz GrabherAvenir SuisseJuerg MuellerLukas SchmidCredit SuisseSwiss Federal CouncilSwiss National BankFederal CouncilEmergency Liquidity Assistance PlusEderal CountilCredit Suisse