CHF Novinky na Forexu

Swiss Central Bank Lifts Minimum Reserve Requirement

Swiss Central Bank Lifts Minimum Reserve Requirement

The Swiss National Bank raised the minimum reserve requirement for domestic banks, which is set to reduce its payout. The SNB lifted the minimum reserve ratio to 4 percent from 2.5 percent. The bank also made changes to how it calculates the minimum reserve requirements.
RTTNews | Před 18 dny
Switzerland's Central Bank Unexpectedly Cuts Policy Rate

Switzerland's Central Bank Unexpectedly Cuts Policy Rate

The Swiss National Bank made a surprise interest rate cut on Thursday and became the first major central bank to ease the policy in the current cycle as the fight against inflation over the last two and a half years has been effective. The SNB unexpectedly lowered the policy rate by 25 basis points to 1.5 percent. Markets had expected the bank to keep the rate unchanged.
RTTNews | Před 50 dny
Switzerland's Central Bank Retains Key Rate, Cuts Inflation Outlook

Switzerland's Central Bank Retains Key Rate, Cuts Inflation Outlook

The Swiss National Bank kept its benchmark rate unchanged on Thursday and turned more dovish as it lowered the inflation forecast and altered the policy stance on forex interventions. The SNB Governing Board, chaired by Thomas Jordan, decided to hold the policy rate at 1.75 percent. The SNB policy rate has been raised by a cumulative 2.5 percentage points since June 2022.
RTTNews | Před 148 dny
Swiss Govt Sees

Swiss Govt Sees "Well Below Average Growth" Next Year

The Swiss economy is set to register well below average growth in 2024 as the weaker momentum in the euro area hurts Swiss exports and higher financing cost curbs investment, the State Secretariat for Economic Affairs, or SECO, said Wednesday. In the economic forecast, the expert group of the SECO said gross domestic product will grow 1.3 percent this year.
RTTNews | Před 150 dny
Swiss Economy Recovers In Q3

Swiss Economy Recovers In Q3

Switzerland's economy rebounded in the third quarter underpinned by exports and consumption, official data showed on Friday. Gross domestic product grew 0.3 percent sequentially, in contrast to the 0.1 percent fall in the previous three months, the State Secretariat for Economic Affairs said.
RTTNews | Před 161 dny
SNB Will Not Hesitate To Tighten Policy Further, Jordan Says

SNB Will Not Hesitate To Tighten Policy Further, Jordan Says

The Swiss National Bank will review whether the policy measures take thus far were enough to keep inflation within the target range on a sustainable basis and stands ready to tighten policy further if needed, SNB Chairman Thomas Jordan said Tuesday. "However, we emphasized that price stability may not yet be ensured," Jordan said in a speech.
RTTNews | Před 178 dny
Swiss Economy Stagnates In Q2

Swiss Economy Stagnates In Q2

The Swiss economic output was stable in the second quarter as the improvement in household consumption was offset by the fall in investment, official data showed on Monday. Gross domestic product stayed flat from the first quarter, when the economy expanded by 0.3 percent, the State Secretariat for Economic Affairs, or SECO, said. Economists had expected a 0.1 percent rise for the June quarter.
RTTNews | Před 249 dny
SNB Lifts Rate By 25 Bps, Signals More Tightening

SNB Lifts Rate By 25 Bps, Signals More Tightening

The Swiss National Bank continued its policy tightening with yet another hike to its interest rates, but at a slower pace as expected, and signaled more such moves to counter the rising inflationary pressures. Switzerland's central bank hiked its policy rate by 25 basis points to 1.75 percent on Thursday. The new rate applies from June 23.
RTTNews | Před 324 dny
Swiss Govt Forecasts Below-Average Growth

Swiss Govt Forecasts Below-Average Growth

Switzerland's economy is expected to log significantly below-average growth though the year started vigorously, the State Secretariat for Economic Affairs, or SECO, said Thursday. The expert group of SECO forecast gross domestic product to grow 1.1 percent this year, unchanged from the previous projection. Likewise, growth outlook for 2024 was maintained at 1.5 percent.
RTTNews | Před 330 dny
Swiss Economy Rebounds In Q1

Swiss Economy Rebounds In Q1

The Swiss economy rebounded at a faster-than-expected pace at the start of the year on robust domestic demand, government data showed on Tuesday. Gross domestic product grew 0.3 percent sequentially in the first quarter after stagnating in the fourth quarter of 2022, the State Secretariat for Economic Affairs, or SECO, reported. The rate also exceeded economists' forecast of 0.1 percent.
RTTNews | Před 347 dny