Swiss National Bank anticipates subdued growth in global economy, says vice chairman

ReutersSep 25, 2025 8:00 AM

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ZURICH, Sept 25 (Reuters) - The Swiss National Bank anticipates that growth in the global economy will be subdued over the coming quarters as economic developments are being dampened by U.S. tariffs and ongoing high uncertainty, Vice Chairman Antoine Martin said on Thursday.

"U.S. tariffs are likely to curb global trade and reduce the purchasing power of U.S. households," said Martin in remarks prepared for a press conference.

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