![A surprisingly dovish Swiss National Bank](/.imaging/mte/efg-revamp/547x300/dam/efg/insights/MFN/17-December-2020/SNB_387X406.jpg/jcr:content/SNB_387X406.jpg)
A surprisingly dovish Swiss National Bank
The Swiss National Bank raised rates by 0.75% in September, ending the era of negative policy rates. In this Macro Flash Note, GianLuigi Mandruzzato explains why the move was dovish.
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