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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 ...
As of December, the SNB will stop paying banks for the money they are required to keep at the institution as a minimum reserve, it said in a statement on Monday.
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.
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% ...