⚡ BREAKING: Swiss National Bank warns external shocks may force changes to monetary policy tools amid high uncertainty #SNB #SwissNationalBank #MonetaryPolicy

Swiss National Bank: External shocks forcing monetary policy review as uncertainty remains elevated #SwissNationalBank #MonetaryPolicy

Swiss Banks Face Costlier Liquidity as Credit Suisse Fallout Lingers - Swiss banks are paying higher liquidity costs two years after the Credit Suisse collapse, reshaping funding markets and driving...

Swiss Banks Face Costlier Liquidity as Credit Suisse Fallout Lingers
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#Swissbanking #CreditSuissecollapse #UBStakeover #SwissNationalBank #fundingcosts #liquiditypremiums #swapspreads #Swisscreditmarket #Swissdomesticbanks

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Swiss National Bank Reports 15,3 Billion Francs Loss The uncertain environment is also reflected in the half-year figures of the Swiss National Bank (SNB). However, only limited conclusions can be drawn regarding the full-year result. 

Swiss National Bank Reports 15,3 Billion Francs Loss: The uncertain environment is also reflected in the half-year figures of the Swiss National Bank (SNB). However, only limited conclusions can be drawn regarding the full-year result.  #SwissNationalBank #Halfyearresults2025

MiniBeverly action figure standing in front of a Ferris Wheel, next to the Swiss National Bank

MiniBeverly action figure in the Ferris Wheel in front of the Swiss Parliament Building

City of Bern from the top

#MiniBeverly on sightseeing in #Berne, #Switzerland. Going on the Ferris Wheel in front of the #SwissParliamentBuilding, where the politicians were in session, right next to the #SwissNationalBank. And no security guards in sight.
I love Switzerland!

Swiss National Bank cuts interest rates to zero as inflation falls By John Revill ZURICH (Reuters) -The Swiss National Bank cut its interest rate to zero on Thursday in response to falling inflation, appreciation pressure on the Swiss franc and economic uncertainty caused by the U.S. administration’s unpredictable trade policy. The SNB reduced its policy rate by 25 basis points from 0.25%, as expected by markets and a Reuters poll. It was the central bank’s sixth rate cut in succession after it started reducing borrowing costs in March 2024. The central bank now stands on the brink of returning to negative interest rates, a policy it maintained from 2014 to 2022, but which was unpopular with banks, savers and insurance companies. "Inflationary pressure has decreased compared to the previous quarter. With today’s easing of monetary policy, the SNB is countering the lower inflationary pressure," the central bank said in a statement. The Swiss franc briefly strengthened after the decision, but retreated to trade steady on the day against the dollar a 0.8191 francs. In its baseline scenario, the SNB said it anticipated that growth in the global economy would weaken over the coming quarters, while U.S. inflation was likely to rise. In Europe, by contrast, a further decrease in inflationary pressure is to be expected, it said. The Swiss move comes on a busy day for central banks, with the Bank of England and Norway’s central bank also due to announce their rate decisions. On Wednesday, the U.S. Federal Reserve held its interest rates steady and signalled borrowing costs could fall later this year, while the European Central Bank trimmed its interest rate by 25 basis points earlier this month. The SNB’s rate cut came after Swiss annual inflation in May turned negative for the first time in four years, missing the central bank’s 0-2% target range. "The SNB has cut rates because the franc is stronger and the economic outlook in Switzerland is weaker following the ’Liberation Day’ tariffs," said UBS economist Alessandro Bee, referring to sweeping tariffs U.S. President Donald Trump announced in April. "The SNB wants to prevent a further appreciation of the franc, which could help the Swiss exporters and also prevent inflation falling ever further." Although inflation was only slightly negative in May, the full impact of the rising franc on prices will only be seen in the next few months, said EFG economist GianLuigi Mandruzzato. Mandruzzato said the SNB would now probably pause its rate cuts, unless there was a significant downturn in the Swiss economy caused by higher U.S. tariffs. "They would be really happy to avoid going into negative interest rates," he said. "For that to happen you would really need to see a real risk of deflation, with inflation lower than -0.5% for several months." However, Switzerland’s rate-sensitive two-year bond yield remained in negative territory, a sign that markets still anticipate a move in Swiss rates below 0% in the months ahead. Should you invest $1,000 in SNBN right now? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios powered by AI stock picks with a stellar performance in 2024. Unlock ProPicks to find out

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Swiss National Bank denies currency manipulation allegations Investing.com -- The Swiss National Bank (SNB) on Friday firmly denied allegations of currency manipulation. The central bank’s statement comes after the United States included Switzerland in its monitoring list of countries suspected of unfair currency and trade practices. The SNB made its position clear on Friday, stating, "The SNB does not engage in any manipulation of the Swiss franc." The statement was issued in response to the U.S. Treasury Report published on Thursday. The SNB emphasized that it does not aim to prevent adjustments in the trade balance or to secure unfair competitive advantages for the Swiss economy. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Swiss National Bank denies currency manipulation after being put on U.S. watch list ZURICH (Reuters) -The Swiss National Bank does not engage in currency manipulation, the central bank said on Friday, after the United States added Switzerland to a list of countries being monitored for unfair currency and trade practices. "The SNB does not engage in any manipulation of the Swiss franc," the SNB said after the publication of the U.S. Treasury Report on Thursday. "It does not seek to prevent adjustments in the balance of trade or to gain unfair competitive advantages for the Swiss economy," it added. The SNB said it remained in contact with U.S. authorities to explain Switzerland’s economic situation and monetary policy, and would continue to use interest rates and forex market interventions to pursue its inflation target. The central bank declined to say whether further talks with the United States were planned, but said it acted in the interests of Switzerland, where it aims to keep annual price increases within a band of 0-2%. "Our monetary policy is geared towards the needs of Switzerland," the SNB said.

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Swiss National Bank says not affraid to cut rates below zero- Chairman Investing.com -- The Swiss National Bank (SNB) is prepared to take decisive action to prevent inflation from falling below its price stability target. This was stated by the Chairman of the bank, Martin Schlegel, who was speaking at an event in Zurich on Tuesday, Reuters reported. The measures that the bank is ready to implement include intervening in the foreign currency markets and potentially reducing interest rates to below zero. Schlegel acknowledged that these measures, particularly the negative interest rates, are not popular but emphasized that the bank is prepared to take these steps if necessary. "No one likes these negative interest rates, obviously the Swiss National Bank doesn’t like it," Schlegel said. "But if we have to do it, the negative interest rates, we’re certainly prepared to do it again," he added. The SNB’s readiness to take such steps underscores its commitment to maintaining price stability in the country. The bank’s willingness to intervene in the foreign currency markets and to cut interest rates even further into negative territory, if required, demonstrates its resolve to counter any threats to its inflation target. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Swiss National Bank ready to take rates below zero to tackle low inflation © Reuters. FILE PHOTO: Swiss National Bank (SNB) headquarters are seen in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse/File Photo SNBN 0.30% ZURICH (Reuters) -The Swiss National Bank is ready to intervene in the foreign currency markets and cut interest rates even below zero to prevent inflation falling below its price stability target, Chairman Martin Schlegel said on Tuesday. "No one likes these negative interest rates, obviously the Swiss National Bank doesn’t like it," Schlegel told an event in Zurich. "But if we have to do it, the negative interest rates, we’re certainly prepared to do it again," he added. Is SNBN truely undervalued? With SNBN making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed SNBN alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? SNBN wasn't at the top of the list. Unlock ProPicks AI 0 Latest comments

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»#SwissNationalBank chairman rebuffs #bitcoin as #reserveasset: #cryptocurrencies failed to meet the institution's currency reserve standards.« https://www.reuters #tech #media #news

SNB Eases Monetary Policy Further, Citing Asymmetry The Swiss National Bank (SNB) justifies its latest interest rate cut, among other reasons, by arguing that if inflation were to rise unexpectedly, price stability could be ensured relatively easily. A key term in its current communication is the «global…

SNB Eases Monetary Policy Further, Citing Asymmetry: The Swiss National Bank (SNB) justifies its latest interest rate cut, among other reasons, by arguing that if inflation were to rise unexpectedly, price stability could be ensured relatively easily. A key term in its… #snb #swissnationalbank

There are "balancing acts"...and then there are...

...the balancing acts that the #SwissNationalBank has to do.

It's tougher than the Fed, believe me.

Bank Centralny 🇨🇭. Miliardy franków in minus.
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#SwissNationalBank lost 142.2 bn CHF ($142.60 billion) in the first nine months of 2022, as rising interest rates and the stronger Swiss franc slashed the value of the central bank's foreign investments.
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