Swiss central bank promises more interest rate transparency

The Swiss National Bank (SNB) will be more open on how it arrives at interest rate decisions in future. +Get the most important news from Switzerland in your inbox From the next quarterly monetary policy assessment, the SNB intends to publish "monetary policy discussions" by the governing board in summarised form - four weeks after the decision is made. The most important points from the discussions during the two-day monetary policy assessment and the assessment of the economic and currency situation will be published. + Trump’s tariffs raise risk of negative interest rates in Switzerland This is what SNB President Martin Schlegel said on Wednesday at an event organised by the Ticino Bankers Association, according to the speech transcript. Communication is "a central element in the fulfilment of our mandate". The SNB has therefore decided to publish a new summary of monetary policy discussions in addition to the existing means of communication. The past few years have shown how ...