by Ryan Littlestone | September 20th, 2018, 07:31:26 | Central Banks, News, SNB
Highlights from the September 2018 SNB monetary policy meting 20 September 2018 Prior decision 3m Target LIBOR rate -1.25% unch Swiss Franc is highly valued Situation in FX markets is still fragile Unchanged 2018 CPI forecast 0.9% Lowers 2019 CPI to 0.8% vs 0.9% prior...
by K-man | June 21st, 2018, 07:33:46 | Central Banks, SNB
SNB monetary policy decision on 21.06.2018 Maintain 3 month libor range Remain active in the currency markets as needed Franc remains highly valued Maintain 2018 growth around 2% At 0.9%, the inflation forecast for 2018 is 0.3 percentage points higher than projected...
by Ryan Littlestone | January 22nd, 2018, 13:10:55 | Central Banks, SNB
Head of the Swiss Nation Bank with some comments There’s no need to rush rate hikes as Swiss inflation remains very low Swiss Franc overvalued Cryptocurrencies like bitcoin need similar regulation like other investment instruments Balance sheet reduction must be...
by Ryan Littlestone | December 14th, 2017, 09:21:38 | Central Banks, SNB
The pressser with the SNB head Thomas Jordan Higher short-term inflation forecast due to increased oil prices and weakening franc SF is still highly valued Willingness to intervene in FX market remains important Long-tern inflationary pressure in Switzerland has not...
by Ryan Littlestone | December 14th, 2017, 08:30:03 | Central Banks, SNB
Details from the December 2017 SNB monetary policy meeting 14 December 2017 3m LIBOR lower target -1.25% 3m LIBOR upper target -0.25% Sight deposit rate -0.75% Highlights; Remains active in currency markets as necessary 2018 GDP around 2.0% vs 1.0% prior 2017 CPI 0.5%...
by K-man | November 16th, 2017, 17:39:59 | Central Banks, SNB
CHF is still highly valued SNB Alternate Member Dewet Moser: The Foreign exchange market situation remains fragile and the risk of a renewed large-scale franc appreciation cannot be ruled out The SNB’s expansionary monetary policy stance continues to be...