Central Banks Swiss National Bank

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  • Is the Swiss franc still a safe-haven currency? Thursday, 10 Dec 2015 | 4:30 AM ET
    Is the Swiss franc still a safe-haven currency?

    Gianluca Salford, ‎senior European fixed income strategist for JP Morgan, discusses Switzerland and the Swiss National Bank's decision to maintain record-low interest rates.

  • Hedge funds moving away from FX speculation: Principal Thursday, 17 Sep 2015 | 3:00 AM ET
    Hedge funds moving away from FX speculation: Principal

    Aoifinn Devitt, founder and principal at Clontarf Capital, says hedge funds have gradually moved away from currency speculation.

  • Swiss banking industry needs to change: Vontobel CEO Wednesday, 9 Sep 2015 | 11:10 AM ET
    Swiss banking industry needs to change: Vontobel CEO

    Zeno Staub, CEO of Vontobel, expects a lot of consolidation in the industry in the near term. He states that his bank will remain independent, but did not rule out making acquisitions in the future.

  • Why we kept rates on hold: SNB Thursday, 18 Jun 2015 | 6:10 AM ET
     Why we kept rates on hold: SNB

    Thomas Jordan, chairman of the Swiss National Bank (SNB), discusses today's rate decision, telling CNBC that the country's inflation and economic outlook remains unchanged.

  • SNB chairman on the minimum exchange rate Thursday, 18 Jun 2015 | 6:10 AM ET
    SNB chairman on the minimum exchange rate

    Thomas Jordan, chairman of the Swiss National Bank, explains why discontinuing the minimum exchange rate was the right decision.

  • Ouch! That bond selloff cost how much? Monday, 11 May 2015 | 11:14 PM ET

    Amid a sharp selloff in the bond market, players in Europe's low-yielding papers have gotten their fingers burned, big time.

  • Why Poland’s negative yield bond is still hot Thursday, 7 May 2015 | 7:11 PM ET

    Bond markets have sold off globally, but there's an odd duck standout: the negative-yielding, Swiss-franc-denominated bond recently sold by Poland.

  • Dollar slides to 8-week low; traders eye Fed Tuesday, 28 Apr 2015 | 4:36 PM ET
    Dollar Euro

    The dollar dropped to an eight-week low after a weak U.S. consumer confidence report.

  • Dollar firms slightly on jump in US home sales Wednesday, 22 Apr 2015 | 3:21 PM ET
    Euro

    The dollar edged upward after a jump in U.S. home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.

  • Dollar recovers from Fed-inspired losses Thursday, 19 Mar 2015 | 5:07 PM ET
    U.S. Currency

    Rebounding from steep losses in the previous session on a cautious Fed statement on interest rates, the dollar rose broadly.

  • Scrapping cap didn’t harm credibility: SNB Chair Thursday, 19 Mar 2015 | 9:54 AM ET
    A Swiss franc and euro banknotes

    Switzerland’s sudden axing of its exchange rate cap in January has not harmed the central bank’s reputation, its chairman told CNBC on Thursday.

  • SNB credibility hasn't suffered: Chair Thursday, 19 Mar 2015 | 6:50 AM ET
    SNB's credibility hasn't suffered: Chair

    Thomas Jordan, chairman of the Swiss National Bank, says it's now obvious that scrapping the FX cap in January was "the right decision."

  • SNB Chairman: 'We are very transparent' Thursday, 19 Mar 2015 | 6:50 AM ET
    SNB Chairman: 'We are very transparent'

    When asked whether the Swiss National Bank is transparent enough, Thomas Jordan, chairman of the SNB, stressed it was accountable to parliament.

  • SNB: Inflation is lower than our target Thursday, 19 Mar 2015 | 6:50 AM ET
    SNB: Inflation is lower than our target

    Thomas Jordan, chairman of the Swiss National Bank, says he hopes inflation will move higher over time.

  • Riksbank cuts rates to be on 'safe side' Wednesday, 18 Mar 2015 | 11:45 AM ET
    Riksbank cuts rates to be on 'safe side'

    Riksbank has cut its rates again -- to negative 0.25 percent. Stefan Ingves, Governor of Sveriges Riksbank, said they weren't in a currency war, but that inflation has been quite low for a while, and the Riksbank wants to be on "the safe side."

  • Why was the SNB's dramatic rate cut a good move? Thursday, 12 Mar 2015 | 8:00 PM ET
    Why was the SNB's dramatic rate cut a good move?

    Jonathan Webb, head of FX strategy at Jefferies, talks about the Swiss National Bank's decision to cut rates and how it relates to the weakening euro and strong U.S. dollar.

  • Dollar reaches fresh highs on data as euro tumbles Friday, 6 Mar 2015 | 3:20 PM ET

    The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.

  • Negative yields: What could go wrong? Sunday, 1 Mar 2015 | 11:32 PM ET
    Shanghai Stock Exchange

    Some central banks have cut interest rates into negative territory to eke out economic growth, but unintended, counterproductive outcomes may emerge.

  • Greece, euro zone may be in a stalemate, but... Thursday, 12 Feb 2015 | 11:13 AM ET
    Traders work the floor of the New York Stock Exchange.

    European markets are doing well, despite the recent clashes between Greece and the euro zone.

  • How did the SNB shock impact top firms? Thursday, 12 Feb 2015 | 4:30 AM ET
    How did the SNB shock impact top firms?

    CNBC talks to the CEOs of Credit Suisse and Zurich Insurance, and Switzerland's Economy Minister about the Swiss National Bank's decision to drop its currency peg last month.