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SNB 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 lower the SNB policy rate by 0.25 percentage points to 1.0%. The change applies from tomorrow, 27 September 2024. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy ... (full story)
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SNB'S CHAIRMAN JORDAN: DOWNSIDE RISKS TO INFLATION ARE HIGHER THAN UPSIDE RISKS.
— FinancialJuice (@financialjuice) September 26, 2024
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SNB'S CHAIRMAN JORDAN: STRONG FRANC, LOWER OIL AND ELECTRICITY PRICES CONTRIBUTED TO LOWER INFLATION FORECASTS.
— FinancialJuice (@financialjuice) September 26, 2024
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SNB'S CHAIRMAN JORDAN: IT'S NOW POSSIBLE FOR ALL BANKS TO OBTAIN LIQUIDITY AGAINST SECURITIES (PREVIOUSLY ONLY APPLIED TO BIG BANKS).
— FinancialJuice (@financialjuice) September 26, 2024
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- Posted: Sep 26, 2024 4:06am
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