Swiss National Bank
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut
Swiss National Bank likely intervening to weaken franc: UBS
[ZURICH] The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group.
Swiss National Bank keeps interest rate at zero, warns of tariff impact
[ZURICH] The Swiss National Bank (SNB) held its benchmark interest rate at zero on Thursday (Sep 25), the lowest among major central banks, as it warned that US President Donald Trump’s tariffs had di...
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
The quarter-point reduction is the sixth consecutive move by officials
Cash still king for Swiss businesses, central bank survey shows
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their acceptance of notes and co...
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 wi...
Swiss watchmakers call on central bank to act on franc as exports slump
SWISS watchmakers urged the central bank and the government to support exporters by curbing the strength of the country’s currency as overseas sales slump.
Swiss central bank posts record half year profit
The central bank also made a valuation gain of 12.2 billion francs on the 1,040 tonnes of gold it holds
New Swiss National Bank chairman Schlegel stresses price stability goal
THE Swiss National Bank’s next chairman will be Martin Schlegel, the government said on Wednesday (Jun 26), replacing long-serving boss Thomas Jordan when he steps down at the end of September.
Swiss financial regulations not yet tough enough post-Credit Suisse, central bank says
Swiss National Bank shares the Federal Council’s view on the need for action on capital and liquidity requirements, among others