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Swiss National Bank's new chairman does not rule out negative rates
The Swiss National Bank cannot rule out the possibility of taking interest rates into negative territory while the risks for Swiss inflation are tilted downwards, new Chairman Martin Schlegel said on Tuesday.
Changing of the guard at the Swiss National Bank
Martin Schlegel has taken over as the new president of the Swiss National Bank, replacing long-term head Thomas Jordan. Schlegel gave his first speech as president on Tuesday and investors are keen to know whether he will continue Jordan’s policies.
Swiss Central Bank Delivers Third Straight Rate Cut
Switzerland’s central bank cut its key interest rate for the third straight meeting as it pivots away from worries about high inflation toward concerns about the impact of a strong currency on exporters.
Swiss National Bank's next chairman sticks to price stability goal
The Swiss National Bank's departing chairman Thomas Jordan made his last public appearance on Thursday, with his successor - Vice Chairman Martin Schlegel - pledging to stick to the central bank's goal of price stability.
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Swiss National Bank Slashes Interest Rates for Third Time in 2023
The Swiss National Bank (SNB) reduced its interest rates by 25 basis points, marking its third cut this year. Following similar actions by the European Central Bank and U.S. Federal Reserve, the SNB's decision lowered policy rates to 1.
Swiss National Bank Chairman flags downward risk for inflation
The Swiss National Bank believes the downward risks for inflation are greater than the possibility of price rises going above its 0-2% target, Chairman Martin Schlegel said on Tuesday. "Definitely the downwards risks are higher than the upwards risks,
Swiss central bank cuts rate again amid strong franc worries
Switzerland's central bank on Thursday cut its key interest rate by a quarter percentage point for the third time this year, citing the strong Swiss franc and lower inflationary pressure.
Swiss National Bank lowers rates and flags further cuts as inflation eases
The Swiss National Bank reduced interest rates by 25 basis points today, echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Swiss National Bank hints at further rate cuts after latest reduction
The Swiss National Bank reduced interest rates by 25 basis points on Thursday, echoing steps to lower borrowing costs by the European Central Bank and U.S. Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Further rate cuts may be necessary to stabilize inflation, says Swiss National Bank chair
Swiss National Bank Chairman Thomas Jordan discusses the central bank's rate decision and inflation forecast looking ahead.
16h
Swiss Wage Growth Stabilized Just Under 2%, SNB Researchers Find
Wage growth in Switzerland has stabilized below the upper end of the central bank’s inflation target, according to a monthly ...
2d
on MSN
New Swiss central bank chief takes charge in shadow of Credit Suisse trauma
As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the central bank's ...
1d
SNB not yet ready to weaken the CHF – Commerzbank
The figures published yesterday morning on the Swiss National Bank's (SNB) foreign exchange market operations in the second ...
6d
Swiss Franc Edges Toward Decade High as SNB Resists Intervention
The Swiss franc may reach the strongest level in almost a decade as the nation’s central bank cuts interest rates more ...
5d
Column-Swiss Vignette in Central Banking 'Plus Ca Change': Mike Dolan
Far from a brave new world of high pressure pricing, Swiss inflation has subsided to just 1.1% and it's been back in the 0-2% ...
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