SNB’s Martin: Made “absolutely no commitment” to its next course of action
|Swiss National Bank (SNB) Vice Chairman Antoine Martin said on Monday that the “SNB had made "absolutely no commitment" to its next course of action.”
Swiss National Bank (SNB)
SNB lowers rate by 25 bps, leaves door ajar for further cuts
LATEST SNB MEASURES TO BATTLE INFLATION
SNB’s Schlegel: Ready to react to pressure on Swiss Franc
|Swiss National Bank (SNB) Chairman Martin Schlegel said on Wednesday that they are “ready to react to pressure on the Swiss Franc.”
SNB's Schlegel: Can't rule out negative rates, nothing is off the table
|Newly-minted Chairman of the Swiss National Bank (SNB) Martin Schlegel hit newswires on Tuesday, cautioning that further rate cuts haven't been ruled out.
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SNB latest analysis
September MEETING REVIEW
SNB lowers Sight Deposit Rate by 25 bps to 1.0%, as expected
|The Swiss National Bank (SNB) announced on Thursday that it lowered the benchmark Sight Deposit Rate by 25 basis points (bps) from 1.25% to 1.00% after concluding its quarterly monetary policy assessment.
June MEETING REVIEW
SNB cuts Deposit Rate to 1.25%, as expected
|The Swiss National Bank (SNB) board members decided to cut the benchmark Sight Deposit Rate by 25 basis points (bps) from 1.50% to 1.25%, following its quarterly monetary policy assessment on Thursday.
MARCH MEETING REVIEW
Breaking: SNB unexpectedly cuts Deposit Rate by 25 bps to 1.50%
|Following its quarterly monetary policy assessment on Thursday, the Swiss National Bank (SNB) board members decided to cut the benchmark Sight Deposit Rate by 25 basis points (bps) from 1.75% to1.50%. The rate decision came in as a surprise to the markets.
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Big Picture
What is the SNB?
The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.
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Who is SNB chair?
Thomas J. Jordan was born in Bienne, Switzerland in 1963. Thomas J. Jordan is a member of the Board of Directors of the Bank for International Settlements (BIS) in Basle and the Steering Committee of the Financial Stability Board (FSB). He is the Governor of the International Monetary Fund (IMF) for Switzerland, and also Chairman of the G10 Central Bank Counterfeit Deterrence Group (CBCDG).
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The World Interest Rates Table
The World Interest Rates Table reflects the current interest rates of the main countries around the world, set by their respective Central Banks. Rates typically reflect the health of individual economies, as in a perfect scenario, Central Banks tend to rise rates when the economy is growing and therefore instigate inflation.