THE SWISS FRANC

Monetary and Fiscal Policy

Among all the Central Banks, the Swiss National Bank has the highest degree of latitude from the other branches of government exercising full authority over Switzerland's monetary policy and foreign exchange rates. Recently shifting from a monetarist approach, Swiss Monetary Policy is geared at allowing the economy to reach its production possibility frontier with due regard at maintaining price stability over the medium term.



Key Personalities and Institutions

: Swiss National Bank
: Jean-Pierre Roth: Chairman
: Bruno Gehrig: Vice Chairman
: Niklaus Blattner: Member of Governing Board



Key Events and Reports to Watch

: Balance of Payments
: Consumer Price Index
: Industril Production
: Money Supply (M3)
: Unemployment