SNB: Swiss Monetary Policy Is Appropriate
SNB: Swiss Monetary Policy Is Appropriate
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Swiss National Bank ready to intervene in forex markets, chairman says
BERN, Sept 24 (Reuters) — The Swiss National Bank is willing to intervene in the foreign exchange markets as necessary, Chairman Martin Schlegel said on Thursday, adding that uncertainty about inflation and economic development remained high. "We will therefore continue to monitor the situation and adjust our monetary
Swiss Franc Falls After SNB Holds Rates, Says Policy Appropriate — Market Talk
0757 GMT - The Swiss franc falls after the Swiss National Bank kept interest rates at 0%, as expected, and suggested that rate increases were unlikely for now. "Medium-term inflationary pressure has increased only slightly. Monetary policy is appropriate to keep inflation within the range consisten…
UPDATE 1 — Swiss National Bank holds rates as expected, despite rising inflation
(Adds details, quote from SNB, from paragraph 3 onwards) By John Revill BERN, Sept 24 (Reuters) — The Swiss National Bank kept its benchmark interest rate on hold on Thursday, resisting pressure to counter rising inflation caused by war in the Middle East which has seen other central banks hike borrowing costs. The SNB
SNB holds key policy rate at 0%
The SNB kept its policy rate unchanged at 0% at its quarterly monetary policy assessment on Sept. 24, 2026. Sight deposits held by banks at the SNB will continue to be remunerated up to a set limit at the policy rate. The reduction versus the policy rate applied to sight deposits above that threshold was maintained at
SNB monetary policy assessment of Sept. 24 2026
BERN, Sept 24(Reuters) — The Swiss National Bank made the following statement after its policy review on Thursday: The Swiss National Bank is leaving the SNB policy rate unchanged at 0%. Banks' sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount for sight de
MNI EUROPEAN OPEN: Oil Pullback Continues
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
IMF ends 2026 consultation with Switzerland, flags external risks
The IMF Executive Board completed its 2026 Article IV consultation with Switzerland, saying the economy has been resilient but growth is seen softening in 2026 amid geopolitical uncertainty and weaker global demand.
Swiss central bank readies for FX intervention if safe haven franc strengthens
The Swiss National Bank is prepared to counter any fresh upward pressure on the Swiss franc, having increased its willingness to intervene in FX markets since the Iran war. The central bank left its main policy rate unchanged on Thursday. The SNB said Switzerland's economic activity has remained resilient since the con
Swiss central bank readies for FX intervention if safe haven franc strengthens
The Swiss National Bank is prepared to counter any fresh upward pressure on the Swiss franc, having increased its willingness to intervene in FX markets since the Iran war. The central bank left its main policy rate unchanged on Thursday. The SNB said Switzerland's economic activity has remained resilient since the con
Swiss central bank readies for FX intervention if safe haven franc strengthens
The Swiss National Bank is prepared to counter any fresh upward pressure on the Swiss franc, having increased its willingness to intervene in FX markets since the Iran war. The central bank left its main policy rate unchanged on Thursday. The SNB said Switzerland's economic activity has remained resilient since the con