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The Swiss Are Raising Rates Ahead Of Inflation Data

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Swiss National Bank Raises Benchmark Rate to Head Off Inflation

By Joshua Gallu and Simone Meier

Sept. 13 (Bloomberg) -- The Swiss central bank raised its benchmark interest rate for the eighth time since late 2005 to head off inflation even as financial-market turmoil threatens to weigh on economic growth.

Unwinding Yen carry trade? How about a side order of unwinding Swiss Franc carry trade to go with that, sir?

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