Tag Archives: franc

The Swiss National Bank (SNB) reduced interest rates for the second consecutive time on Thursday, highlighting its confidence in easing price pressures and solidifying its position at the forefront of the global policy easing cycle. The central bank’s decision to cut its policy rate by 25 basis points to 1.25% …

The Swiss Franc is experiencing one of its worst weeks in over one year, with concerns mounting that the strength of the Swiss Franc could hamper policy transfer. The Swiss National Bank Chairman Thomas Jordan warned that an appreciating Franc could harm the Swiss economy, sending inflation rapidly lower. The …

The Swiss National Bank has ceased to stand in the way of the franc’s appreciation, according to data published on Monday, in an eye-catching change in view of the safe-haven currency’s rise to its highest against the euro in more than six years.The central bank’s apparent stance will confound investors …