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Swiss Central Bank Signals Tolerance for Short-Term Deflation

The central bank’s director affirmed that current expansionary measures remain suitable despite temporary deflation pressures.

Summary

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Terms & Concepts
  • Deflation: A sustained decrease in the general price level of goods and services in an economy.
  • Expansionary Policy: A form of monetary policy aimed at stimulating economic growth, often through lowering interest rates or increasing money supply.