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Jordan: Introductory remarks, news conference
Ladies and gentlemen As Chairman of the Governing Board, it is my pleasure to welcome you to the news conference of the Swiss National Bank. I would also like to welcome all those who are joining us today online. After our introductory remarks, we will take questions from journalists as usual. Questions can also be asked by telephone. Monetary policy decision I will begin with our monetary policy decision. We have decided to leave the SNB policy rate unchanged at 1.75%. Banks’ sight deposits held at the SNB are remunerated at the SNB policy rate up to a certain threshold, and at 1.25% above this threshold. We are ... (full story)
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SNB'S CHAIRMAN JORDAN: THE SNB IS NO LONGER FOCUSING ON FOREIGN CURRENCY SALES.
— Breaking Market News (@financialjuice) December 14, 2023
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SNB'S CHAIRMAN JORDAN: INFLATIONARY PRESSURE HAS DECREASED SLIGHTLY, BUT UNCERTAINTY REMAINS HIGH.
— Breaking Market News (@financialjuice) December 14, 2023
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SNB'S CHAIRMAN JORDAN: THE ASSESSMENT OF UPSIDE AND DOWNSIDE RISKS FOR INFLATION ARE CURRENTLY BALANCED.
— Breaking Market News (@financialjuice) December 14, 2023
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SNB'S CHAIRMAN JORDAN: ANY THREAT OF A DOWNWARD SPIRAL WITHIN THE CASH SYSTEM SHOULD BE COUNTERED AT AN EARLY STAGE.
— Breaking Market News (@financialjuice) December 14, 2023