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BERN, Dec 12 (Reuters) - The Swiss National Bank could still take interest rates into negative territory, Chairman Martin Schlegel, although the likelihood of such a move has reduced after the ...
ZURICH, Sept 22 (Reuters) - The Swiss National Bank is going to use SNB bills and repo transactions to absorb liquidity in order to ensure short-term money market rates remain close to the now ...
The cut is the steepest drop in Swiss borrowing costs since the SNB's emergency rate reduction in January 2015 when it suddenly quit its minimum exchange rate with the euro. "With our easing of ...
Those two quarter-point moves would bring the key rate to 0.5%, the poll of economists showed. The previous survey hadn’t anticipated any action after the SNB’s September reduction.
The SNB will probably end its rate-cutting cycle with a policy rate of 0.0%, compared with 0.5% currently, he says. Inflation has eased but should stabilize above the lower limit of the SNB’s 0% ...
Prisma by Dukas / Contributor / Getty Images The term Swiss National Bank (SNB) refers to the central bank of Switzerland. Founded in 1906, the SNB is located in Berne and Zurich, with six other ...
USD/CHF inched higher overnight, tracking broader US Dollar (USD) moves and in anticipation of SNB meeting on Thursday. Pair was last at 0.8848 levels. Last CPI print saw a small uptick to 0.7% ...
“The current trade policy situation is creating great uncertainty for all countries affected, including Switzerland,” said Schlegel, according to the text of his speech at the SNB general ...
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