24-April-2026
Economy News
 
Swiss National Bank Chairman Says Middle East Conflict Will Hit Economy
24-Apr-2026

The Middle East conflict will lead to slower economic growth and higher inflation in Switzerland, but the Swiss National Bank has unrestricted scope to target price stability, SNB Chairman Martin Schlegel said on Friday. The war had made the global economic situation "very uncertain", Schlegel told the SNB's annual general meeting. The outlook for inflation and the economy in Switzerland had also become much more unclear, he added.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-24/swiss-national-bank-chairman-says-middle-east-conflict-will-hit-economy
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org