SNB president warns of potential inflation shocks in Switzerland
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“In the current environment uncertainty remains elevated, and new shocks can occur at any time,” Swiss National Bank President Thomas Jordan warned.
SNB returns to quarterly profit thanks to Swiss franc weakness
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The Swiss National Bank's return to a quarterly profit could help officials to rebuild the central bank’s depleted capital base.
Swiss central bank increases minimum reserve requirements for banks
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The Swiss National Bank (SNB) is increasing the minimum reserve requirements for domestic banks and is amending the national bank ordinance on July 1, 2024.
SNB can continue to ignore climate risks, Swiss lawmakers say
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The Swiss National Bank won’t have to take climate and environmental risks into account in its monetary policy, parliamentarians have voted.