Home 
ContactDeutsch
SitemapFrançais
GlossaryItaliano
Legal issues
PDFPDFPrintPrint
Monetary policy strategy
Constitutional and legal mandate
Significance of price stability
Appropriate monetary conditions
Taking economic activity into account
Numerous uncertainties
Monetary policy strategy
Definition of price stability
Purpose of inflation forecast
Quarterly publication of inflation forecast
Indicators upon which inflation forecast is based
Communicating through inflation forecast
Review of monetary policy based on inflation forecast
Libor target range
Monetary policy instruments
Purpose of inflation forecast
The inflation forecast performs a dual function in the SNB’s monetary policy strategy. While, on the one hand, it serves as the main indicator for the interest rate decision, on the other, it is also an important communication tool for the National Bank.