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Home / Information about / Monetary policy / Reports on the monetary policy of earlier years
Monetary policy report 2005
Introduction
Monetary policy challenge in 2005
Monetary policy risks in 2005
Initial situation: final quarterly assessment in 2004
Quarterly assessment of 17 March 2005
Quarterly assessment of 16 June 2005
Quarterly assessment of 15 September 2005
Quarterly assessment of 15 December 2005
Introduction
Monetary policy report 2005
Four times a year – in mid-March, June, September and December – the National Bank’s Governing Board conducts a regular assessment of the monetary policy situation. Each of these assessments results in an interest rate decision. If circumstances so require, the National Bank also adjusts the Libor target range for three-month investments in Swiss francs between regular assessment dates. In 2005, however, this was not the case.