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Swiss National Bank Governor Schlegel: If monetary policy needs to be further relaxed, interest rate cuts remain the main tool.

Swiss National Bank Governor Schlegel: If monetary policy needs to be further relaxed, interest rate cuts remain the main tool.

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SNB President Schlegel: The SNB remains willing to intervene in the foreign exchange market if necessary.

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The IEA raised its forecast for global oil demand growth in 2025 from 990,000 barrels per day to 1.10 million barrels per day.

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