SNB's Hildebrand says Middle East a risk

Philipp Hildebrand, a member of the Swiss National Bank's (SNB) governing board said in an interview the conflict between Israel and Hezbollah constitutes a new risk factor.

Asked by bi-weekly Finanz-und Wirtschaft whether the conflict has changed the SNB's risk assessment when making its interest rate decision, he said: "We are worried. This brings a new risk factor into the game ... We now have to include the question what impact the crisis will have on oil prices in our considerations."


To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: