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Monetary policy for 2011
The SNB conducts an in-depth monetary policy assessment in March, June, September and December. Each of these assessments results in an interest rate decision and the publication of a medium-term conditional inflation forecast. The SNB sets out the reasons for its decisions in a press release and in a quarterly monetary policy report published in the Quarterly Bulletin.
In June and December, it provides more information on the monetary policy decision at a news conference. The texts of these media conferences may be found under the heading Media, item Speeches.
As of December 2011
   
Press release
PDF [149 kB]
Introductory remarks by Philipp Hildebrand
PDF [198 kB]
Quarterly Bulletin
PDF [1.4 MB]
 
As of September 2011
   
Press release
PDF [120 kB]
Quarterly Bulletin
PDF [1.58 MB]
 
Measures against strong Swiss franc
   
Press release of 6 September 2011
PDF [52 kB]
Press release of 17 August 2011
PDF [51 kB]
Press release of 10 August 2011
PDF [50 kB]
Press release of 3 August 2011
PDF [50 kB]
 
As of June 2011
   
Press release
PDF [115 kB]
Introductory remarks by Philipp Hildebrand
PDF [149 kB]
Quarterly Bulletin
PDF [1.5 MB]
 
As of March 2011
   
Press release
PDF [138 kB]
Quarterly Bulletin
PDF [1.4 MB]
 
As of December 2010
   
Monetary policy assessment
PDF [58 kB]
Inflation forecast
PDF [56 kB]
Monetary Policy Report
PDF [537 kB]