SNB hikes rates to by 75 bps to 0.50%, as widely expected

South Africa News News

SNB hikes rates to by 75 bps to 0.50%, as widely expected
South Africa Latest News,South Africa Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

SNB hikes rates to by 75 bps to 0.50%, as widely expected SNB CentralBanks InterestRate USDCHF

About SNB Rate Decision conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Swiss central bank hikes interest rates by 75 basis points, bringing them out of negative territorySwiss central bank hikes interest rates by 75 basis points, bringing them out of negative territoryThe Swiss National Bank on Thursday raised its benchmark interest rate to 0.5%, a shift that brings an end to an era of negative rates in Europe.
Read more »

USD/CHF surges to two-week high, further beyond mid-0.9700s post-SNB decisionUSD/CHF surges to two-week high, further beyond mid-0.9700s post-SNB decisionThe USD/CHF pair reverses an intraday dip to the 0.9620 area and spikes to a two-week high after the Swiss National Bank (SNB) announced its monetary
Read more »

SNB to signal an exchange rate policy that paves the way for further CHF strength – CommerzbankSNB to signal an exchange rate policy that paves the way for further CHF strength – CommerzbankThe Swiss National Bank (SNB) is going to do away with negative interest rates today. Economists at Commerzbank expect the central bank to continue pa
Read more »

On Creates Running Shoe Partially Made From Carbon EmissionsOn Creates Running Shoe Partially Made From Carbon EmissionsThe Swiss company is researching sustainable alternatives for the rest of the Cloudprime shoes.
Read more »

Breakingviews - First Boston deserves a selective revivalBreakingviews - First Boston deserves a selective revivalOn Wall Street, second chances happen – maybe for brands as well as people. Credit Suisse is considering reviving the defunct First Boston name to rebadge its investment bank, one of several ideas that could feature in Chief Executive Ulrich Koerner’s strategic review next month . It might restore some luster to the Swiss lender’s second-rate dealmaking operations. Or at least, it may be a step closer to setting the division free.
Read more »

BVTV: First Boston, second act | Reuters VideoBVTV: First Boston, second act | Reuters VideoThe Wall Street firm was a pioneer which suffered plenty of turbulence. Now Credit Suisse may revive the storied brand to rebadge its investment bank. With the Swiss lender lagging rivals, a new name is worth a try. It could also augur more dramatic changes, John Foley explains.
Read more »



Render Time: 2025-03-07 05:23:13