Introductory remarks by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Media News Conference of the Swiss National Bank, Berne, 13 December 2018.
Ladies and gentlemen
It is a pleasure for me to welcome you to the Swiss National Bank's news conference. I will begin by explaining our monetary policy decision and our assessment of the economic situation. I will then hand over to Fritz Zurbrügg, who will speak about developments in the area of financial stability. After that, Andréa Maechler will review the situation on the financial markets and will update you on the progress towards replacing Libor. Finally, we will - as ever - be pleased to take your questions.
Monetary policy decision
Let me begin with our monetary policy decision and the inflation forecast.