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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

2016-11-17 – Speech – Andréa M. Maechler, Member of the Governing Board of the Swiss National Bank: Financial markets and monetary policy implementation – an evolving relationship

Andréa M. Maechler, Member of the Governing Board of the Swiss National Bank Money Market Event, Geneva, 17.11.2016 Complete text Since the global financial crisis in 2008, the relationship between monetary policy and the financial markets has shifted in some respects. From a central bank perspective, this shift mainly affects the...

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