Nordic & Swiss Economics Update Modest growth eases pressure on SNB to hike Data released earlier today showed Swiss GDP growth picking up only slightly in Q4, to 0.5% q/q from Q3’s disappointing 0.4%. The outturn was below the consensus forecast, which had been for arise of... 6th March 2007 · 1 min read
Nordic & Swiss Economics Update SNB signals further rate hikes to come Today’s decision by the Swiss National Bank (SNB) to raise the target mid-point for the 3 month Libor by 25bps to 2.0% came as no surprise whatsoever. After all, the press statement accompanying its... 14th December 2006 · 1 min read
Nordic & Swiss Economics Update SNB continues to remove monetary stimulus It came as no surprise at all that the Swiss National Bank (SNB) today raised rates by a further 25bps (bringing the mid-point of its target range for the three month Libor to 1.75%). After all, the... 14th September 2006 · 1 min read
Nordic & Swiss Economics Update SNB well on the road to ‘normalisation' Today’s decision by the Swiss National Bank (SNB) to raise the target mid-point for the 3 month Libor by 25bps to 1.5% came as very little surprise. Like the latest rise in ECB rates, today’s hike... 15th June 2006 · 1 min read
