The Swiss National Bank (SNB) is watching the U.S.-China trade war, Brexit and the Italian fiscal situation 'very closely,' after it held its policy of negative interest rates and readiness to intervene in foreign exchange markets.
Speaking to CNBC's Joumanna Bercetche in Bern following the central bank's monetary policy announcement, SNB Chairman Thomas Jordan said increased trade tensions would have a "very negative impact" on the economy.
The Swiss National Bank is watching the U.S.-China trade war, Brexit and the Italian fiscal situation "very closely," after it held its policy of negative interest rates and readiness to intervene in foreign exchange markets.
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