Swiss National Bank's Stance Amid Rising Franc: A Look into the Third Quarter Rally
14 days ago
The Swiss National Bank (SNB) maintained its distance from foreign exchange markets, despite a significant rally in the Swiss franc during the third quarter of 2024. This decision comes as the currency appreciated against its peers, raising questions regarding the SNB's interventionary policies and its broader monetary strategy.
Continue readingSwiss National Bank Ready to Cut Rates and Intervene in Forex Markets Again, Says Schlegel
3 months ago
While the rest of the world was expecting major changes in interest rates from most central banks in developed markets, the Swiss National Bank has gone ahead to hint at its readiness for further cuts in interest rates and active intervention in the foreign exchange markets. This view is in an interview that SNB Vice President Martin Schlegel granted Bloomberg on October 1, 2024.
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