瑞士央行加息一碼 - 理財

瑞士央行今天加息一碼 但會後聲明仍然一貫低調
聲明說瑞士的經濟前景是廣泛擴張的 而且勞工市場表現正面 且提高瑞士今年的GDP成長率
(這句話就是重點)
而油價雖然高企 但通膨卻仍顯溫和


就算經過這次加息之後 貨幣政策仍然具有擴張性(就是說仍然寬鬆)
若瑞士經濟符合預期 我們將會逐步調整貨幣政策
(都把預測GDP成長率向上調整了 那經濟符合預期的話 就是加息了)
最後還和上次一貫的態度說(連用詞都一樣) 若瑞士法郎升值太快 他們將會"適當反應"
(這根本就是在口頭干預 不過今年漲那麼多也沒瑞士那邊有人在跳腳 所以不用擔心)

http://www.snb.ch/e/aktuelles/index.html
Monetary policy assessment at mid-year

National Bank raises the target range for the three-month Libor by 0.25
percentage points to 1.0–2.0%

The Swiss National Bank (SNB) is raising the target range for the three-month
Libor with immediate effect by 0.25 percentage points to 1.0–2.0%. It intends
to hold the rate in the middle of the target range for the time being.

The economy continues to develop favourably, with economic activity becoming
more broad-based and having an increasingly positive effect on the labour
market. The National Bank now expects GDP to expand by a little more than 2.5%
in 2006. Despite the most recent developments in oil prices, inflation has
remained moderate. The SNB forecasts average annual inflation of 1.2%.

By raising the target range, the National Bank is further adjusting its
monetary policy stance to economic activity. The SNB’s move ensures that the
inflation outlook will remain favourable. On the assumption that the three-
month Libor will remain unchanged at 1.5%, annual inflation is expected to
reach 1.2% in 2007 and 1.9% in 2008. Notwithstanding the interest rate increase
, monetary policy remains expansionary. Should the economy perform as expected,
the National Bank will further pursue the gradual adjustment of its monetary
policy. If the Swiss franc were to appreciate rapidly, the SNB would respond
appropriately.


Swiss National Bank



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