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Switzerland: 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Switzerland

KEY ISSUES Switzerland has once again had to contend with capital flow volatility. Following the exit from the exchange rate floor in mid-January 2015 and the subsequent appreciation of the franc, the Swiss economy faces exchange rate overvaluation, slower near-term growth, and deflation. Both growth and inflation are expected to recover...
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