Andréa M Maechler: Developments on the Swiss franc capital market and the Swiss National Bank's monetary policy

Speech by Ms Andréa M Maechler, Member of the Governing Board of the Swiss National Bank, at the Money Market Event, Geneva, 16 November 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
17 November 2017
by Andréa M Maechler
PDF full text
(1,460kb)
  |  18 pages

Ladies and gentlemen

Welcome to the annual Money Market Event of the Swiss National Bank (SNB) in Geneva. We are delighted that so many of you accepted our invitation to attend. The SNB attaches great importance to meeting representatives of Switzerland's business and financial communities.

Traditionally, we have held two speeches - and we are continuing this tradition today. In my remarks, I shall explore developments on the Swiss franc capital market. Then my colleague, Dewet Moser, will speak about the foreign exchange market and future changes in reference interest rates.