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Good news, bad news
Monetary policy decisions have played a central role for investors for years. This is unlikely to change in 2026, even though markets this year have been increasingly focused on topics such as artificial intelligence, digitalization, electrification, as well as political and geopolitical risks. From a Swiss perspective, the Swiss National Bank (SNB) and the European Central Bank play an important role, not least because their monetary policy decisions have a strong impact on exchange rates, interest rates, and the local economy and export industry. Central bank decisions—such as those by the Federal Reserve and the ... (full story)
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