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Home / SNB News / 2022-11-17 – Speech – Andréa M. Maechler / Thomas Moser, Member of the Governing Board / Alternate Member of the Governing Board: Return to positive interest rates: Why reserve tiering?

2022-11-17 – Speech – Andréa M. Maechler / Thomas Moser, Member of the Governing Board / Alternate Member of the Governing Board: Return to positive interest rates: Why reserve tiering?

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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.

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