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7:07Now PlayingSwiss National Bank President Martin Schlegel discusses the central bank's decision to lower its benchmark rate by a quarter point to 0.25%, as well as the potential risks that geopolitical and fiscal uncertainty could have on the Swiss economy. He also talks about the SNB's lack of intervention in foreign exchange markets in 2024, potential tariffs coming from Donald Trump's administration, and gold. Speaking to Bloomberg's Bastian Benrath-Wright, Schlegel also says the SNB doesn't plan to buy crypto assets.
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