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Swiss National Bank
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.

SNB News

2024-05-31 – Data portal – SNB balance sheet items end of April 2024

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2024-05-31 – Data portal – IMF SDDS Plus, 31 May 2024

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2024-05-31 – Payment transactions – The Swiss Interbank Clearing (SIC) payment system – Report on the SIC System and Disclosure Report

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2024-05-30 – Thomas Jordan: The natural rate of interest (r*) as a reference point for monetary policy – a practitioner’s view

Over the past years, the natural rate of interest (r*) - defined as the real interest rate consistent with stable inflation in an economy operating at full capacity in the medium term - has become an important reference point for monetary policy. The difference between the real interest rate and r* gives a measure of a central bank's monetary policy stance. Monetary policy is restrictive if the real interest rate is above r* and it is expansionary if it is below r*. Therefore,...

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2024-05-27 – Data portal – Important monetary policy data, 27 May 2024

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2024-05-21 – Data portal – Important monetary policy data, 21 May 2024

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2024-05-21 – Data portal – Monthly banking statistics, May 2024

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2024-05-21 – Data portal – Economic data, May 2024

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