FOREXLIVEThe part on inflation is the more vital part for Switzerland. It fits with what the SNB's policy plans at least, so that continues to be the key driver for the franc.
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European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.
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Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
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