{
  "id": 9520423,
  "title": "Swiss National Bank's Schlegel: Will continue to monitor situation and adjust policy if necessary",
  "url": "https://urgent.news/2026/09/24/swiss-national-banks-schlegel-will-continue-to-monitor-situation-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T08:11:08.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/swiss-national-banks-schlegel-will-continue-to-monitor-situation-and-adjust-policy-if-necessary-202609240811"
  },
  "original_language": "en",
  "account": "Swiss National Bank (SNB) Chairman Martin Schlegel reaffirmed the bank's commitment to monitoring the situation and adjusting policy if necessary during a press conference following the June monetary policy assessment. Despite recent inflation in Switzerland, the central bank decided to keep interest rates unchanged at 0%. Schlegel explained that Switzerland's inflation has risen slightly due to higher oil prices and a weaker Swiss Franc, which is influenced by interest rate differentials with other currency areas. While the bank anticipates a slight increase in medium-term inflation, it remains within its 0%-2% target range. Schlegel highlighted that the SNB is ready to intervene in the foreign exchange market as needed, but there is no specific direction at present. The bank's independence means that the size of its balance sheet is not a goal, but rather a result of its monetary policy. Schlegel emphasized that Switzerland's situation is not isolated, and events abroad can impact the Swiss economy.",
  "summary": "Swiss National Bank (SNB) Chairman Martin Schlegel is speaking at the press conference after the June monetary policy assessment, explaining the reasons behind leaving the interest rate unchanged at 0%.",
  "key_points": [
    "SNB Chairman Martin Schlegel committed to monitoring situation and adjusting policy if needed.",
    "Switzerland's inflation rose slightly due to higher oil prices and weaker Swiss Franc.",
    "SNB ready to intervene in foreign exchange market as needed, but no specific direction."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Swiss National Bank's Martin: Inflation likely to remain elevated for some time",
        "url": "https://urgent.news/2026/09/24/swiss-national-banks-martin-inflation-likely-to-remain-elevated-for",
        "published": "2026-09-24T08:16:27.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Swiss National Bank holds rates as expected, despite rising inflation",
        "url": "https://urgent.news/2026/09/24/swiss-national-bank-holds-rates-as-expected-despite-rising-inflation",
        "published": "2026-09-24T08:32:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}