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| Home / Information about / Monetary policy / Reports on the monetary policy of earlier years | |||||||||||||||||||||||||||||||||
| Monetary policy decisions 2007 | |||||||||||||||||||||||||||||||||
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| …and in the long term | |||||||||||||||||||||||||||||||||
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The outlook for inflation in the long term would have deteriorated if the SNB had not maintained the normalisation of its monetary policy. Thus, raising interest rates in 2007 was necessary if favourable perspectives for price stability were to be maintained.
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