As widely expected the Swiss National Bank (SNB) held its target for the three-month Libor unchanged at 0.00-0.75% and reiterated its intention to keep it within the lower end of the range - i.e. arou...

As expected, the SNB left the 3-month LIBOR target range unchanged at 0.00-0.75% and intended to keep the lower part of the target range at around 0.25%. The SNB also reiterated the stance to act 'dec...

Despite recent positive economic data, the SNB will continue to leave the target range for 3-month LIBOR at 0-0.75, targeting to keep the rate at 0.25%, in March. The Monetary Policy Announcement will...

As of 1 January 2010, Philipp Hildebrand replaced Jean-Pierre Roth as chairman of the governing board at the Swiss National Bank (SNB). Not a major event, given that Hildebrand has expressed no indica...

In end-08, central banks worldwide reduce policy rates to stimulate economic growth, in hopes of combating the worst global recession since World War II. Apart from traditional easing measures, some c...

In general, there were few surprises from today's monetary policy meeting. The SNB does see improvements in both the domestic and global economy, but emphasises that the recovery remains fragile and t...

The SNB, as widely anticipated, held the three-month Libor target at 0.25%. The decision to leave interest rate unchanged at the moment was mainly because of dismal inflation outlook. Moreover, the ce...

We anticipate the SNB to keep the target of the 3-month LIBOR unchanged at 0.25% on Thursday's meeting. Despite ongoing improvement in domestic and global economic outlook, the central bank remains ca...

Despite the outlook for near-trend growth in the Swiss economy in coming quarters, we expect the Swiss National Bank (SNB) to maintain its exceptionally expansionary policy stance at Thursday's meetin...

RBA's 25bps-increase in policy rate in October marked the first rate hike in developed economies (and the second in the world after Israeli central bank) in the current easing cycle. Although producti...

As expected, the SNB decided to leave the 3-month LIBOR target unchanged at 0.25%. However, the central bank has turned slightly more optimistic about the economy and raised its outlook on GDP and inf...

At the accompanying statement, SNB stated although there have been signs of improvements in economy, global environment remains 'unfavorable and further economic deterioration cannot be ruled out'. Co...

The Swiss National Bank (SNB) will hold its monetary policy meeting on Thursday June 18th.The SNB is expected to hold rate policy steady at 0.00%-0.75%.Recent Swiss economic data confirms deterioratin...

The SNB reduced its main policy by 25 bps today. At the same time, the central bank announced that it would intervene to prevent Swiss franc from intervention so as to restore the country's competitiv...

The Swiss National Bank (SNB) today, in an unprecedented move, utilised a large array of non-standard instruments to ease monetary conditions. As expected, the SNB lowered the target band for the 3M L...

Generally speaking I give a central banker the benefit of the doubt. But today's SNB pork pie is so over the top that I can only say who do they think they are kidding? When global trade is collapsin...

The Swiss National Bank (SNB) cut its main policy rate by 25 basis points to 0.25% today, bringing its total reduction since the start of the financial crisis to 250 basis points. The Swiss franc decl...

The SNB policy board will meet Thursday. Many analysts expect the SNB to lower interest rates 25 bps and set a new interest rate target range of 0.0-0.5% to combat deteriorating economic outlook in Sw...

SNB leaves door open for further cuts in its latest monetary policy report, which repeated and expanded the sentiment expressed after the last rate cut. The central bank sees negative growth of -0.5% ...

The SNB cut the 3-month Libor by 50 bps to 0.5%, bringing it to the lowest level since 2004. Over the past 3 months, the central bank has already slashed interest rate by 225 bps but from the accompan...

The SNB has cut its target range for the 3 months Libor by 50 bps to 0.00-1.00%. The move was widely expected and brings the mid point of the range to just 0.5%, very close to zero. The central bank h...

The Swiss National Bank has cut the interest rate for the fourth time in the last two months, as the tight credit conditions are affecting the economy. The bank has cut down the Libor Rate down to 0.5...

The SNB has cut its target rate by a whopping 175bp in just two months, making monetary policy rather expansive with a target rate of just 1%. However, the outlook for the real economy has deteriorate...

The SNB interest rate decision could weigh on the Swiss franc as the central bank is widely expected to lower the 3-month target LIBOR rate by another 50bp to 0.50% amid the extraordinary efforts take...

We expect December to be another active month for the foreign exchange market as central banks around the world take their interest rates to historically significant levels. There are 4 central banks ...

The Swiss National Bank surprised the markets for the third time as the central bank unexpectedly lowered the 3-month LIBOR target rate by 100bp to 0.50-1.50 as fears of deflation intensified. The SNB...

The SNB cut the target range for 3m Libor by 100 bp to 0.5-1.5% in another inter-meeting move. The SNB said in a statement that as a result of price falls to oil and raw materials, inflation is likely...

A year ago, many economists and traders believed the US financial crisis would stay within the boarders of the world's largest economy and other countries would be immune to the economic consequences....

In an unexpected move, the Swiss National Bank has cut the Targeted 3-month Libor rate by 50 basis points, to the range of 1.5%-2.5%. This is the second time in the last month that the central bank ha...

The SNB has cut its Libor target range by 50 bp to 1.50-2.50%. There was no policy decision scheduled today, but there had been speculation of a move as both BoE and ECB were expected to cut rates tod...

Thursday will be a busy day for central bank watchers: We have pencilled in rate cuts from the Bank of England (BoE), the European Central Bank (ECB) - each of 50bp - and we expect Danmarks Nationalba...

Early this morning, in an unprecedented effort to re-start the interbank lending markets, the Federal Reserve in conjunction with the BoE, ECB, SNB and BoJ announced an extraordinary, unlimited liquid...

The Federal Reserve and central banks around the world, including the Bank of Canada, the Bank of England, the European Central Bank and the Swedish Riksbank each cut their main policy rate by 50 basi...

In a surprise decision, central banks in the industrialized world announced a coordinated half percentage point easing in monetary policy this morning. The message from all of the central banks was lo...

We have been literally begging the Federal Reserve, the European Central Bank and the Bank of England to work together to stem the bleed in equities and they have finally done it. For the first time s...

The FOMC surprised the markets by taking a preemptive approach in lowering borrowing costs, and cut 50bp to lower the benchmark interest rate to 1.50% from 2.00% early this morning. Furthermore, the E...

Just a few hours agowe wrote, "Overall however, the situation in global capital markets remains tense. We doubt that US equity markets will stabilize without additional policy initiatives from the Fed...

The US Federal Reserve along with the Bank of Canada, Bank of England, the European Central Bank, Sweden Riksbank and the Swiss National Bank acted in concert to reduce short term lending rates in pre...

In a coordinated action, the Fed, ECB, Bank of England, Bank of Canada, Swiss National Bank and Sveriges Riksbank (Swedish National Bank) cut the overnight lending rate by 50 basis points in response ...

US interest rates and rate expectations fell sharply from mid-2007 through early 2008, but the term structure on the US dollar yield curve clearly shows markets expect much more through the coming two...

The Swiss National Bank left their benchmark interest rate unchanged at 2.75% as expected. Shortly before the release expectations had grown that the MPC would actually hike rates as inflation concern...