The Swiss National Bank is offering a rare look into how it sets monetary policy. A video of SNB President Thomas Jordan and fellow members of the governing board shows them beginning their quarterly policy assessment discussing the state of the economy with about 30 people. According to the voiceover, the group comprises experts from different departments engaged in a question-and-answer session. [embedded content]...
Read More »Strong Swiss growth lessens chance SNB will act
Macroview Stronger-than-forecast growth means the central bank is unlikely to alter monetary policy this month Switzerland: Real GDP Growth Swiss real GDP growth data surprised on the upside in Q2, expanding by 0.6% q-o-q (and 2.5% q-o-q annualised). In addition, growth in the three previous quarters was revised significantly higher. As a result, our GDP growth forecast for growth in Switzerland rises mechanically...
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