Swiss National Bank's new chairman does not rule out negative rates
The Swiss National Bank cannot rule out the possibility of taking interest rates into negative territory while the risks for Swiss inflation are tilted downwards, new Chairman Martin Schlegel said on Tuesday.
Changing of the guard at the Swiss National Bank
Martin Schlegel has taken over as the new president of the Swiss National Bank, replacing long-term head Thomas Jordan. Schlegel gave his first speech as president on Tuesday and investors are keen to know whether he will continue Jordan’s policies.
Swiss Central Bank Delivers Third Straight Rate Cut
Switzerland’s central bank cut its key interest rate for the third straight meeting as it pivots away from worries about high inflation toward concerns about the impact of a strong currency on exporters.
Swiss National Bank Chairman flags downward risk for inflation
The Swiss National Bank believes the downward risks for inflation are greater than the possibility of price rises going above its 0-2% target, Chairman Martin Schlegel said on Tuesday. "Definitely the downwards risks are higher than the upwards risks,
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Further rate cuts may be necessary to stabilize inflation, says Swiss National Bank chair
Swiss National Bank Chairman Thomas Jordan discusses the central bank's rate decision and inflation forecast looking ahead.
Swiss National Bank's next chairman sticks to price stability goal
The Swiss National Bank's departing chairman Thomas Jordan made his last public appearance on Thursday, with his successor - Vice Chairman Martin Schlegel - pledging to stick to the central bank's goal of price stability.
New Swiss central bank chief takes charge in shadow of Credit Suisse trauma
As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the central bank's ...
Swiss Wage Growth Stabilized Just Under 2%, SNB Researchers Find
Wage growth in Switzerland has stabilized below the upper end of the central bank’s inflation target, according to a monthly ...
Swiss Inflation Slows to 3-Year Low, Supporting More SNB Cuts
Swiss inflation weakened to the slowest pace in more than three years, pointing to further monetary easing by the country’s ...
Europe's banks are continental in ambition, yet national in decline
Europe's financial institutions have recovered less well from the global financial crisis than their U.S.-based competitors.
Swiss Watchdog Wants Preemptive On-Site Inspections at Banks
The head of Switzerland’s financial watchdog is seeking powers to conduct preemptive on-site checks to investigate records of ...
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A ‘Swiss army knife’ microscope that doesn’t break the bank
The parts of a 3D-printed device can be changed out, allowing for versatility as well as ultrahigh resolution.
Swiss authorities target Indonesian president-elect’s family
Swiss authorities have broadened a crackdown on the family of Indonesian president-elect Prabowo Subianto over outstanding tax dues owed by the new leader’s brother and influential tycoon, Hashim ...
Swiss Franc Edges Toward Decade High as SNB Resists Intervention
The Swiss franc may reach the strongest level in almost a decade as the nation’s central bank cuts interest rates more ...