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SNB’s Moser: It could take years for central bank to reduce balance sheet, if ever

The Swiss National Bank (SNB) alternate member of the Governing Board, Thomas Moser, was on the wires last hour, commenting on the central bank’s balance sheet size.

Key Points:

Size of SNB’s balance sheet does not affect ability to conduct monetary policy.

It could take years for central bank to reduce balance sheet, if ever.

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