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Swiss central bank is proud of its narrow mandate

The Swiss central bank is proud of its narrow mandate, its chief Thomas Jodan told fellow central bankers in Jackson Hole..

Central banks worldwide will need to face the fact that pressure on prices will remain high for the coming years and that inflation dynamics will continue to be clouded by uncertainty, Switzerland’s central bank chief has told his colleagues in Jackson Hole. The Swiss central bank also prides itself in working with a narrow mandate that is not influenced by political considerations.

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