SNB maintains ultra-loose policy despite stronger growth

The Swiss National Bank

The Swiss National Bank has decided to maintain its ultra-loose monetary policy and continue making forex interventions largely due to the appreciation of the franc.

The stronger growth recorded by the Swiss economy over the last few quarters has been offset by the deflationary pressures created by a stronger franc. In its monetary policy assessment, the SNB has revised down its inflation forecasts in 2019 and 2020 “as a result of the appreciation”.

According to the September 20 decision

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.