Swiss National Bank Navigates Low Inflation

Swiss National Bank Chairman says current situation not easy for policy

Swiss National Bank Navigates Low Inflation

Swiss National Bank (SNB) Chairman Martin Schlegel has acknowledged the difficulties posed by Switzerland’s low inflation and current interest rate environment. With inflation at a mere 0.1% and interest rates at 0%, Schlegel stated that the situation presents unique challenges for monetary policy. The SNB, as the central bank of Switzerland, is primarily concerned with maintaining price stability, aiming for an inflation rate between 0-2%. Schl…