SNB's Schlegel says prolonged energy shock could lift inflation, hit growth

SNB Chairman Martin Schlegel warned that Switzerland's economic outlook depends on how long conflict-driven energy price pressures last. He said prolonged high energy prices could lift inflation and weigh on growth. The comments are cautious and macro-focused, with limited immediate market impact.

Analysis

SNB Chairman Martin Schlegel warned that Switzerland's economic outlook depends on how long conflict-driven energy price pressures last. He said prolonged high energy prices could lift inflation and weigh on growth. The comments are cautious and macro-focused, with limited immediate market impact.