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SNB is stuck between appeasing Trump and protecting franc

Bloomberg The Swiss National Bank (SNB) is in a bind about how to rein in the franc’s unwanted strength without being labelled a currency manipulator by the US. Policy makers, who’ve resorted to tactics including massive foreign exchange interventions over the years, now have a new complication. SNB President Thomas Jordan has to balance the need to protect the economy ...

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RBI is reviewing CPI-targeting framework: Das

Bloomberg India’s central bank is reviewing the framework behind monetary policy decision-making as pressure builds on authorities to do more to revive a slowing economy. “Internally we are reviewing, we are analysing how MPC framework has worked” since it’s been in operation, Reserve Bank of India Governor (RBI) Shaktikanta Das told reporters in New Delhi. “If required we will have ...

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Boeing leaves Singapore Airshow empty-handed

Bloomberg The giants of aviation left the Singapore Airshow with little to brag about, but someone ended up with one of the hottest deals in town: a couple of boxes of hand sanitisers. Alarm over the novel coronavirus outbreak has led to panic-buying of unlikely hot commodities, from toilet paper and instant noodles to soap, which people have been using ...

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