Swiss National Bank

The accumulation of systemic risk represents a serious threat to the stability of financial systems. It is therefore important, on the one hand, to recognise this risk at an early stage and, on the...

Philipp Hildebrand, Chairman of the Governing Board of the Swiss National BankJournée de l’économie tessinoise, Lugano , 28.10.2010The National Bank has been expressing concern...

The stable economic growth and low inflation of the last two decades could not prevent the emergence of vast imbalances in the global financial system, as the financial and economic crisis clearly...

Philipp M. Hildebrand*, Chairman of the Governing BoardAnnual General Meeting of the Swiss-American Chamber of Commerce Rüschlikon* I would like to thank Rita Kobel Rohr for her valuable support...

Philipp Hildebrand, Chairman of the Governing Board of the Swiss National BankSwiss Economic Forum, Interlaken, 04.06.2010The financial system is the life blood of our economy. Key measures to...

Thomas Jordan, Vice-Chairman of the Governing Board of the Swiss National BankIn the current situation, the challenges for the SNB’s monetary policy remain formidable. On the one hand, against...

Philipp Hildebrand, Chairman of the Governing Board of the Swiss National BankThe Swiss banks face two major challenges. First, sooner or later, they will have to carry out their core business –...

Swiss National Bank maintains its expansionary monetary policyThe Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Consequently, it is leaving the target range for the...

Swiss National Bank maintains its expansionary monetary policyThe Swiss National Bank is maintaining its expansionary monetary policy. The economic recovery, while certainly underway, nevertheless...

The Swiss National Bank is maintaining the expansionary monetary policy which it initiated last March. Despite the recent increase in the number of encouraging economic signs, uncertainty as to future...