🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

INTERVIEW-SNB's Roth sees moderate Swiss growth 2010

Published 10/01/2009, 09:49 AM
Updated 10/01/2009, 09:51 AM

BELGRADE, Oct 1 (Reuters) - The Swiss economy will return to growth next year in line with a global recovery but uncertainties remain high, the Swiss National Bank's chairman Jean-Pierre Roth told Reuters in an interview on Thursday.

Major uncertainties led the SNB in September to stick to its full set of drastic policy measures -- adopted to fight the risk of deflation -- despite the global economic improvement, Roth said in the interview conducted during a visit to Serbia.

"In our forecast we see that we will go back to positive growth, but it will be less than what we had in the past," Roth said.

(Reporting by Gordana Filipovic; writing by Sven Egenter)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.