ThomasSchlegel

Swiss National Bank's Stance on Interest Rates: A Cautious Approach Amid Economic Changes

3 months ago

The Swiss National Bank (SNB) has signaled a careful approach towards interest rates as it navigates the changing economic landscape. In a recent statement, Thomas Schlegel, a member of the bank’s governing board, emphasized that the SNB would only consider lowering interest rates below zero if absolutely necessary. This cautious stance reflects both the current economic conditions and the bank's commitment to maintaining stability.

Swiss National Bank's Balance Sheet Risks: An Insight from Schlegel

6 months ago

In a recent statement, Thomas Schlegel, a prominent figure associated with the Swiss National Bank (SNB), raised concerns about the size of the bank's equity in relation to the risks it faces on its balance sheet. Schlegel's comments underscore the ongoing challenges the SNB faces in balancing its expansive monetary policy objectives with the inherent risks that come with significant financial exposure.