Swiss National Bank (SNB) Governing Board Chairman Martin Schlegel told SRF on Monday that the institution could consider taking its interest rates negative if the circumstances demanded so.
The policymaker said that doing so is not a preferred option but still, one that cannot be excluded. He...
Swiss National Bank (SNB) Chairman Martin Schlegel reaffirmed Thursday that while the central bank does not favor negative interest rates, they remain effective and could be reintroduced if necessary."At the current juncture we cannot exclude negative interests rates in the future," Schlegel...
Martin Schlegel has been appointed as the new president of the Swiss National Bank (SNB), succeeding Thomas Jordan on October 1, officials said in a statement on Wednesday.Schlegel, currently the institution's vice president, has been with the SNB for over two decades. After today's decision, he will...
Swiss National Bank Vice Chairman Martin Schlegel stated on Friday that he could not rule out the possibility of further tightening of monetary policy in response to increasing inflationary pressures. "We have increasing signs that inflation is spreading to other goods and services, not linked to energy...
Vice Chairman of the Swiss National Bank, Martin Schlegel, said on Wednesday that the country's annual inflation rate is still too high despite being low on an international level. Schlegel argued that inflation is above the levels the SNB associates with price stability and that he couldn't rule out further...
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