chaos is just unknown order
-
SNB: Introductory remarks by the Governing Board
Ladies and gentlemen On behalf of the Governing Board, it is my pleasure as Chairman to welcome you to the SNB’s news conference. After our introductory remarks, we will take questions from journalists as usual. Monetary policy decision I will begin with our monetary policy decision. We have decided to lower the SNB policy rate by 0.5 percentage points to 0.5%. The new policy rate applies from tomorrow, 13 December 2024. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold, and at 0% above this threshold. We also remain willing to be active in the foreign ... (full story)
Added at 4:03am
-
SNB CHAIRMAN STATES: TODAY'S CUT PREVENTED A LOWER INFLATION FORECAST.
— FinancialJuice (@financialjuice) December 12, 2024
Added at 4:14am
-
SNB CHAIRMAN: FUTURE INFLATION PATH UNCERTAINTY REMAINS HIGH
— FinancialJuice (@financialjuice) December 12, 2024
- Comments
- Subscribe
- Comment #1
- Quote
- Dec 12, 2024 4:07am Dec 12, 2024 4:07am
-
Luxyus - Joined Dec 2020 | Status: TIME is my GAIN | 147 Comments
- Comment #2
- Quote
- Dec 12, 2024 4:08am Dec 12, 2024 4:08am
- Banditten
- Joined Sep 2019 | Status: Member | 1655 Comments
- Comment #3
- Quote
- Dec 12, 2024 4:10am Dec 12, 2024 4:10am
-
tush1822 - Joined Sep 2018 | Status: Member | 112 Comments
- Comment #4
- Quote
- Dec 12, 2024 6:12am Dec 12, 2024 6:12am
-
Ericedge - | Joined Oct 2022 | Status: Member | 422 Comments
-
- Older Stories
From @LiveSquawk|Dec 12, 2024|3 commentspost: German Economy Expected To Stagnate In 2025 Vs. 0.5% Growth Previously Forecast - IFW Kiel
From bnnbloomberg.ca|Dec 12, 2024Taiwanese investors have emerged as the biggest buyer of bond exchange-traded funds in Asia, with the bulk of their money pouring into US debt. They bought a record $29 billion of ...
From snb.ch|Dec 12, 2024|15 commentsThe Swiss National Bank is lowering the SNB policy rate by 0.5 percentage points to 0.5%. The new policy rate applies from tomorrow, 13 December 2024. Banks’ sight deposits held ...
-
- Newer Stories
From istat.it|Dec 12, 2024The labour input, as measured by hours worked, increases compared both to the previous quarter (+0.2%) and to the third quarter of 2023 (+1.5%). In the same period GDP remained ...
From @LiveSquawk|Dec 12, 2024|2 commentspost: SNB’s Gov Schlegel: The SNB Does Not Like Negative Interest Rates post: SNB'S CHAIRMAN SCHLEGEL: IF REQUIRED WE WILL ADJUST RATES AT THE MARCH MEETING.
From bnnbloomberg.ca|Dec 12, 2024The European Central Bank is set to cut interest rates for the fourth time this year, loosening constraints on the region’s struggling economy as inflation nears 2%. All but one ...
- Story Stats
- Posted: Dec 12, 2024 4:03am
- Submitted by:Category: High Impact Breaking NewsComments: 4 / Views: 4,821
- Linked event:
