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Davos: ECB's Schlegel on the Impact of Geopolitics on Inflation

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January 21, 2026

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The president of the Swiss National Bank said geopolitical uncertainties could potentially impact inflation and the Swiss franc. Last month the SNB kept interest rates steady at zero, judging that a weakened inflation outlook doesn’t yet justify a return to negative borrowing costs. Martin Schlegel spoke with Bloomberg’s Francine Lacqua on the sidelines of the World Economic Forum in Davos.

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DavosSwiss National BankMartin SchlegelBloombergs Francine LacquaWorld Economic ForumMarkets LikeBloomberg MarketsFinance Visit

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