SNB

As a full-fledged member of the Gloom and Doom Club, this Newsletter continually searches for tell-tale signs of oncoming disaster. The real question is when. October 2017 was marked by […]

Swiss voters have decisively rejected radical proposals meant to make the financial system safer by changing the way banks provide loans to the economy. In a referendum on Sunday, just […]

Yet on Sunday, the Swiss will vote on a far-reaching monetary reform known as Vollgeld, or sovereign money. The chances are slim – 54 percent of the Swiss are against […]

Switzerland’s banking and monetary system is facing the possibility of a huge shake-up, and while the possibility looks remote, investors are buying insurance against swings in the franc and the […]

On June 10 there will be a referendum in Switzerland, something which is quite usual in this confederate State. But this one is particularly interesting. In this country, famous for […]

The Swiss National Bank reported a first-quarter loss of 6.8 billion Swiss francs ($6.92 billion) on Thursday, highlighting the volatility its massive balance sheet creates for the central bank’s earnings. […]

A latest Bloomberg survey shows economists expect Swiss National Bank (SNB) to raise rates only after the European Central Bank (ECB) begins tightening cycles. Thus, SNB is not seen raising rates before the fourth quarter of 2019.

The Swiss National Bank maintained its ultra-loose monetary policy stance on Thursday, saying it would keep its negative interest rates in place to combat the "highly valued" Swiss franc.

The SNB kept the target range for its benchmark three-month interest rate at minus 1.25 percent to minus 0.25 percent, in line with expectations of analysts polled by Reuters.