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.
By Ed Frankl Swiss economic sentiment rose for a third-straight month in January, recovering above its medium-term average, helped by an improving outlook.
Thomas Jordan, CEO of the Schweizerische Nationalbank, points out that inflation is under control, below the 2% mark. He attributes this performance to the measures taken by the central bank over.
By Ed Frankl Switzerland's central bank on Thursday held its key policy rate steady as expected at 1.75%, and signaled that uncertainty was clouding the.