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2016-09-13 – SNB Working Papers – Credit cycles and real activity – the Swiss case

Swiss National Bank September 13, 2016 SNB News

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About Swiss National Bank
Swiss National Bank
The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.
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