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Despite the Huge Tariffs, What Everyone Fears Will Not Happen

Summary by Portfolio.hu
Despite the 39 percent tariffs and the growing risk of recession, deflation can be avoided in Switzerland, Antoine Martin, vice president of the Swiss National Bank, said in a recent interview. According to a Bloomberg report, despite many calling for a recession in the Alpine country due to the tariffs, the vice president of the central bank said that this will not push inflation into negative territory. However, the central bank has very littl…
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Despite the 39 percent tariffs and the growing risk of recession, deflation can be avoided in Switzerland, Antoine Martin, vice president of the Swiss National Bank, said in a recent interview. According to a Bloomberg report, despite many calling for a recession in the Alpine country due to the tariffs, the vice president of the central bank said that this will not push inflation into negative territory. However, the central bank has very littl…

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Portfolio.hu broke the news in on Saturday, August 30, 2025.
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