Switzerland

SNB's Hildebrand on monetary policy

The Swiss National Bank's interest rate policy is still having an expansionary effect in the current economic climate, SNB board member Philipp Hildebrand told Swiss daily Finanz und Wirtschaft on Monday 2 April.

SNB's Jordan says hikes less pressing

The Swiss National Bank (SNB) currently sees further rate hikes as necessary to keep inflation at bay, while indicating the need for action has become smaller, the central bank's directorate member Thomas Jordan said in a speech Thursday 22 March.

SNB's Roth says rates not high enough yet

Swiss National Bank (SNB) chairman Jean-Pierre Roth said in an interview published Wednesday 21 February that Switzerland's current interest rate level is still not high enough to guarantee price stability in the medium-term.

Russia reiterates reserve diversification idea

The Russian central bank remains interested in further diversification of the currency structure of its gold and forex exchange reserves, its first deputy chairman said in a newspaper interview published on Tuesday 21 February.

Roth on seventy years after the gold standard

In the speech 'Seventy years after - the final collapse of the gold standard in September 1936' given on 15 December Jean-Pierre Roth of the Swiss National Bank said the Swiss like to remember that their currency has only been devalued once since its…

SNB's Roth on recent economic developments

In the speech 'Recent economic and financial developments in Switzerland' given on 14 December Jean-Pierre Roth of the Swiss National Bank said the economic situation in Switzerland has continued to improve.

SNB's Hildebrand on risk management

In the speech 'Risk management' given on 14 December Philipp Hildebrand of the Swiss National Bank said effective risk management requires that all relevant risks be identified and assessed regularly, in a manner that is as unbiased as possible.

SNB raises interest rates by 25 basis points

Swiss National Bank (SNB) president Jean-Pierre Roth told a half-yearly press conference on Thursday 14 December the SNB will continue to pursue its strategy of gradual normalisation of monetary policy if the economy behaves as expected.

Hildebrand named new SNB vice-president

The Swiss government on Wednesday 8 November named Philipp Hildebrand as the new vice-president of the Swiss National Bank (SNB) as of May next year, replacing Niklaus Blattner, who will retire.

Interview: Jean-Pierre Roth

The chairman of the Swiss National Bank discusses the central banks profits, monetary policy and independence as it approaches its 100th year

SNB's Blattner to retire in the spring of 2007

The vice-chairman of the Swiss National Bank's Governing Board, Niklaus Blattner, will retire at the end of April 2007, the SNB said on Friday 18 August, adding that a replacement would be proposed within months.

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