SNB Observatory

The SNB Observatory aims to promote a constructive debate about Swiss monetary policy. (Retweets are for information and do not signal agreement.)

[SNB Observatory @SNB_Observatory]

New report on the SNB's exchange rate policy. While it has used FX intervention extensively since 2008, it only acknowledged it as a policy tool in its 2022 review of the monetary framework.

https://t.co/9BLwGGz3LP

[SNB Observatory @SNB_Observatory]

Our statement regarding today's appointments to the Governing Board of the @SNB_BNS is available here: https://t.co/E1zHSjGOu6

[SNB Observatory @SNB_Observatory]

We just released a comment in which we discuss five misconceptions regarding the @SNB_BNS.

The report can be found here: https://t.co/AyuYgb2JTe

[SNB Observatory @SNB_Observatory]

We just released our most recent report on "The SNB at the Crossroads", which can be found at the link below. A key point is that managing monetary policy is not the same thing as managing a central bank.

https://t.co/96fqLDN0xU

[SNB Observatory @SNB_Observatory]

This is the German version of our piece that appeared yesterday in @themarket_ch regarding our report on whether the SNB should pay interest on bank reserves.

https://t.co/QupPXwfuIx

[SNB Observatory @SNB_Observatory]

Our piece in @themarket_ch regarding the report we published earlier today on whether the SNB should pay interest on bank reserves.

https://t.co/lAFucRdL0e

[Swiss National Bank @SNB_BNS]

SNB adjusts remuneration of sight deposits https://t.co/hflLeqQxc5

[SNB Observatory @SNB_Observatory]

We are today releasing a report in which we ask whether the SNB should continue to pay interest on bank reserves.

https://t.co/Lnht3qMlmQ

[SNB Observatory @SNB_Observatory]

We discuss in a new report the @SNB_BNS's Bank Council and argue that it lacks accountability. That is problematic since it makes decisions that are more important than is generally understood.

https://t.co/ko6FYf2X4w

[SNB Observatory @SNB_Observatory]

Central banks typically judge how well they do by looking at the average monthly inflation rate over 12 months. The Fed proposed a longer horizon, say 60 months. Both are arbitrary, so how long should the horizon be? Our comment.

https://t.co/og5ve3DBQ1

[Thomas Fuster @thfuster]

Auf den Punkt gebracht vom Doyen der Schweizer Geldpolitik: Die einseitige «Symmetrie» des Fed bei der Inflationsbekämpfung https://t.co/rcRA2jeh3O via @NZZ

[SNB Observatory @SNB_Observatory]

Yvan Lengwiler wird zur Ernennung eines Nachfolgers von Frau Andréa Maechler im Direktorium der SNB interviewt. (Ab Minute 11.52.)

https://t.co/AflfXNaXKe

[SNB Observatory @SNB_Observatory]

Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue https://t.co/YehiTfyds7

[SNB Observatory @SNB_Observatory]

https://t.co/SuXrxIhrY7

[SNB Observatory @SNB_Observatory]

https://t.co/CuHYvwbp9i

[SNB Observatory @SNB_Observatory]

Andréa M. Maechler has announced that she will be leaving the Governing Board of the @SNB_BNS in June this year. This raises important questions regarding how her replacement should be chosen. A short comment: https://t.co/gJPsaA8rL0

[SNB Observatory @SNB_Observatory]

Today we are releasing a short commentary on the SNB's decision not distribute any profits this year. The commentary can be found at https://t.co/E1zHSjGOu6

[Swiss National Bank @SNB_BNS]

100 Jahre Hauptgebäude der SNB in Zürich: Im März 1919 erteilte die Stadt Zürich die Baubewilligung für den Neubau am nördlichen Streifen der Stadthausanlagen beim Bürkliplatz. Das Buch zum Jubiläum ist hier erhältlich (in DE / EN): https://t.co/Gq9hXffceb

[Swiss National Bank @SNB_BNS]

Monetary policy assessment: The news conference with the Governing Board will start tomorrow at 10:00 am CET and can be followed live here:
https://t.co/Ou7Z6RPWnS

[Swiss National Bank @SNB_BNS]

100 Jahre Hauptgebäude der SNB in Zürich: Die Architekten Otto und Werner Pfister haben das Stadtbild von Zürich stark geprägt, u.a. mit dem Peter- und Leuenhof, dem Bahnhof Enge und der kantonalen Verwaltung Walche. Buch hier erhältlich (in DE / EN):
https://t.co/Gq9hXffceb