What's Driving the Improving Swiss Economy?

What's Driving the Improving Swiss Economy?

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Interactive Video

Business

University

Hard

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The video discusses the Swiss economy's best quarterly performance since 2014, driven by government spending and exports. It highlights the uneven performance across sectors, with pharmaceuticals thriving and machinery struggling. The impact of the Swiss National Bank's exchange rate policy is examined, noting the economy's quick adaptation. The video also covers the effects of negative interest rates on banks and corporates, leading to cash hoarding. Finally, it addresses consumer price changes and deflation concerns, emphasizing that not all areas are affected equally.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Swiss National Bank's recent economic forecast for the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have consumer prices changed in Switzerland, and what does this indicate?

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