Report for the attention of the Governing Board of the Swiss National Bank for its quarterly assessment of December 2023 The report describes economic and monetary developments in Switzerland and explains the inflation forecast. It shows how the SNB views the economic situation and the implications for monetary policy it draws from this assessment. The first section (‘Monetary policy decision of 14 December 2023’) is an excerpt from the press release published following the assessment. This report is based on the data and information available as at 14 December 2023. Unless otherwise stated, all rates of change from ... (full story)