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The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

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Articles by SwissNationalBank

2017-09-22 – Speech – Dewet Moser, Alternate Member of the Governing Board of the Swiss National Bank: The international reform process so far and the importance of interest rate benchmarks from a central bank perspective

2 days ago

The international reform process so far and the importance of interest rate benchmarks from a central bank perspective
Dewet Moser, Alternate Member of the Governing Board of the Swiss National Bank

Joint Event SIX Swiss Exchange and SFAA Swiss Bond Commission, Zurich, 22.09.2017

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Credible and robust interest rate benchmarks are a cornerstone of modern financial markets. They improve price transparency and are used for derivative products. In Switzerland, the Swiss franc Libor is by far the dominant benchmark. For decades, the Libor-based swap-curve has

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2017-09-21 – Research – Research TV (live broadcast of the Karl Brunner Lecture, starting at 5.30 pm)

3 days ago

Research TV

Here you can watch the television broadcasts of the annual Karl Brunner Lecture. The lectures can be viewed live during the event. The Research TV recordings will then be available in the archive and can also be downloaded as podcasts. Please note that lectures can only be played in their original language.
Live

21.09.2017 17:30

Karl Brunner Distinguished Lecture by John B. Taylor, Stanford University

Archives
2017

16.06.2017

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SNB Monetary Policy Assessment September 2017 and Comments

10 days ago

Swiss National Bank leaves expansionary monetary policy unchanged
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy, with the aim of stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration.

Since the last monetary policy assessment, the Swiss franc has weakened against the euro and appreciated against the dollar. Overall , this development is helping to reduce, to some extent, the significant

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Survey on the use of payment methods in Switzerland

August 5, 2017

SNB to launch survey on payment methods in 2017
The Swiss National Bank (SNB) is this year conducting a survey on payment methods for the first time. Over the coming months, 2,000 people resident in Switzerland will be asked about their habits regarding the use of payment methods.
The aim of the survey is to obtain representative information on the Swiss population’s use of various payment methods and to identify any changes in this respect. The survey contains questions on people’s motivation behind their choice of payment method, their opinion regarding the security of the methods available, and on the importance of various payment methods in the field of payment transactions.
The survey on payment methods is

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