SZ Libor Rate
It's an important driver of commodity demand - lower interest rates decrease carrying costs. Reduced costs to store goods will spur companies to make investments in raw materials, leading to higher inventory levels;
This rate was the SNB's main operating target until it was discontinued in Jun 2019;
- SZ Libor Rate Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Mar 21, 2019 | -0.75% | -0.75% | -0.75% |
| Dec 13, 2018 | -0.75% | -0.75% | -0.75% |
| Sep 20, 2018 | -0.75% | -0.75% | -0.75% |
| Jun 21, 2018 | -0.75% | -0.75% | -0.75% |
| Mar 15, 2018 | -0.75% | -0.75% | -0.75% |
| Dec 14, 2017 | -0.75% | -0.75% | -0.75% |
| Sep 14, 2017 | -0.75% | -0.75% | -0.75% |
| Jun 15, 2017 | -0.75% | -0.75% | -0.75% |
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- SZ Libor Rate News
From snb.ch|Mar 21, 2019The Swiss National Bank is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Since the monetary policy assessment of December 2018, the Swiss franc has depreciated slightly on a ...
From snb.ch|Dec 13, 2018|2 commentsThe Swiss National Bank (SNB) is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Since the monetary policy assessment of September 2018, the Swiss franc has depreciated slightly on a ...
From snb.ch|Sep 20, 2018|4 commentsThe Swiss National Bank (SNB) is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Since the monetary policy assessment of June 2018, the Swiss franc has appreciated noticeably, against ...
From snb.ch|Jun 21, 2018|3 commentsThe Swiss National Bank (SNB) is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at −0.75% and the target range for the three-month Libor is unchanged at between −1.25% and −0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. All in all, the value of the Swiss franc has barely changed since the monetary policy assessment of March ...
From reuters.com|Jun 19, 2018The Swiss National Bank will keep its ultra-loose monetary policy in place when it gives its latest decision on Thursday, analysts polled by Reuters were unanimous in saying. Switzerland’s central bank has repeatedly stressed the fragility of exchange rate developments following the strengthening of the Swiss franc in recent weeks after a weakening at the start of the year. Chairman Thomas Jordan also said earlier this month it was “much too early” to raise interest rates in Switzerland, with inflation remaining low. Other concerns ...
| Released on Mar 21, 2019 |
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| Released on Dec 13, 2018 |
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| Released on Sep 20, 2018 |
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| Released on Jun 21, 2018 |
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- Details