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Swiss economic outlook has deteriorated due to tariffs, says SNB's Tschudin

ReutersSep 25, 2025 8:00 AM

- The Swiss economic outlook has deteriorated due to "significantly higher U.S. tariffs," Swiss National Bank governing board member Petra Tschudin said on Thursday.

"The outlook for Switzerland remains uncertain," said Tschudin in remarks prepared for a press conference after the SNB's rates decision.

"The main risks are U.S. trade policy and global economic developments."

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