Switzerland
CNB digital asset portfolio is about real learning, says Michl
Governor says bank is not looking to simulate reality but ‘touch it’ with experimental bitcoin holding
Schlegel: Liechtenstein is on its own for financial stability
SNB governor says principality’s lenders are not entitled to bank’s emergency liquidity facilities
Swiss price controls do not depress inflation – SNB paper
CPI metric would ‘not have greatly differed’ had it excluded price-controlled goods, study finds
SNB to open ‘Moneyverse’ in renovated visitor centre
“Interactive experience” will help financial literacy and give “glimpse” into the SNB, central bank says
ECB and SNB explore linking payment systems
Feasibility study will run through 2026, central banks say
Central Europe’s central banks hold rates
Switzerland, Czech Republic and Hungary keep policy steady
SNB to publish minutes of policy meetings in transparency push
Summaries of discussions will put Swiss central bank in line with its global peers
Bar for going back into negative rates is high – SNB chair
Schlegel says impact on pensions and savers means caution would be warranted
SNB opens poll on altitude-themed banknotes
Central bank asks public for views on designs based on Switzerland's ‘unique topography’
The cost of inaction on wholesale CBDCs
A gap exists between demand in capital markets and most central banks’ research priorities as evolving risks accrue
The foundations of sovereign finance are quietly evolving
Digital settlement infrastructure is taking shape. Now SSA issuers must decide how, not whether, to participate, argues Domenico Nardelli
ECB looks to cut carbon via business travel
Bank says its footprint remains “well on track” to reach 46.2% reduction in emissions by 2030
Judy Shelton on gold, tariffs and where the Fed went wrong
The potential successor to Jerome Powell discusses why she thinks the Fed is too powerful, why her stance on gold is not a ‘crank’ position, and why she feels events have vindicated her and president Trump on the need for rate cuts
Norway, Sweden and Switzerland cut, while Moldova holds
Swiss and Nordic banks ease policy by 25bp
SNB paper shows 5–6% boost in inflation forecasting
Hedged random forest method “consistently outperforms” unhedged approach
NY Fed and BIS explore monetary policy in a tokenised world
Project Pine’s smart contracts are designed so central banks can adapt them to their currencies and frameworks
SNB to hand out cash earmarked for exchange of defunct notes
Up to $1.07bn, previously reserved for bills that were never exchanged, will go to government and aid
SNB introduces new liquidity provision framework
Reformed facility will be less “emergency” in nature and accept broader pool of collateral
SNB to launch support facility for instant payment system
Swiss central bank aims to promote instant payments with new secured loans from 2027
EU policy-makers lash out at Trump’s trade policy
Central banks say tariffs will create “many losers” in both Europe and the US
Iceland and Switzerland cut rates, while Sweden holds
Central banks highlight global developments and high levels of uncertainty