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Monetary policy decisions 2007
Introduction
Interest rate decisions
Monetary policy challenges in 2007
Monetary policy in 2007 facing numerous risks…
…in the short term risks…
…in the medium term…
…and in the long term
Quarterly assessment of 15 March
Quarterly assessment of 14 June
Quarterly assessment of 13 September
Quarterly assessment of 13 December
Interest rate decisions
Four times a year, in March, June, September and December, the SNB’s Governing Board conducts an assessment of the monetary policy situation. Each of these in-depth assessments results in an interest rate decision. In addition, if circumstances so require, the Governing Board also adjusts the target range for the three-month Libor in Swiss francs between regular assessment dates. In 2007, however, this was not the case.