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SNB poised for first rate hike in decade next year

Bloomberg The franc may be close to the Swiss National Bank’s previous currency ceiling, but that doesn’t mean investors should expect an interest rate hike too soon. A monthly survey of economists shows they anticipate the Swiss central bank will keep its deposit rate at minus 0.75 percent the first nine months of 2019, before raising it by 25 basis ...

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Inflation gains footing in Japan as BOJ ponders future exit

Bloomberg Inflation is showing signs of taking root in Japan. With price gains halfway to the Bank of Japan’s 2 percent target, domestic demand is picking up after years in which external factors such as energy prices did most of the work. As the economy continues to grow, this could open the door for the central bank to start adjusting ...

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Infosys CEO says now is time to sacrifice margins for growth

Bloomberg Salil Parekh didn’t get much time to settle in after taking over the helm of Infosys Ltd. Since becoming chief executive officer in January, the 53-year-old has crisscrossed three continents to meet with customers and employees to get his hands around the challenges facing India’s iconic tech-services giant. He talked with 48 clients in his first three months — ...

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