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The appointment comes after Thomas Jordan left Switzerland’s central bank last year. The company aims to combine in-house ...
The Swiss National Bank said on Friday it would intervene in foreign currency markets where necessary to keep inflation on track after the United States added Switzerland to a list of countries being ...
The Swiss National Bank cut interest rates to zero percent on Thursday as inflation cools and the franc strengthens, while ...
In a statement on Friday, the Swiss National Bank said it had taken note of the U.S. Treasury's report. "The SNB does not engage in any manipulation of the Swiss franc," a spokesperson said.
Even as the Federal Reserve stood pat and held interest rates steady at between 4.25 and 4.5 percent, the Swiss central bank slashed its rates to zero and indicated that negative interest rates are a ...
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Investor appetite for the safe haven Swiss franc is causing problems for its central bankThe Swiss franc has appreciated 10% against the U.S. dollar since the beginning of the year. A strengthening franc has put deflationary pressure on the Swiss economy, which returned to deflation last ...
In a statement on Friday, the Swiss National Bank said it had taken note of the U.S. Treasury's report. "The SNB does not engage in any manipulation of the Swiss franc," a spokesperson said.
It said Swiss unemployment was likely to continue to rise slightly. The bank lowered its inflation forecast for 2025 from 0.4 percent to 0.2 percent, and for 2026 from 0.8 percent to 0.5 percent.
ZURICH (Reuters) -The Swiss National Bank said on Friday it would intervene in foreign currency markets where necessary to keep inflation on track after the United States added Switzerland to a ...
The Swiss National Bank cut interest rates to zero per cent on Thursday as inflation cools and the franc strengthens, while the economic outlook has deteriorated.
In a statement on Friday, the Swiss National Bank said it had taken note of the U.S. Treasury's report. "The SNB does not engage in any manipulation of the Swiss franc," a spokesperson said.
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