The Swiss National Bank is managing monetary policy for Switzerland as the Middle East situation poses a main risk to the global economic outlook.

The entities involved

• Switzerland →

  country in Central Europe

  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35
  • Talks regarding an Iran deal are underway, with a ceasefire reached after deadly exchanges, and Trump supporting Israel.Mon 17:12
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• The major financial institution, the Swiss National Bank, is monitoring the global market due to energy price uncertainties stemming from the Middle East.Thu 08:21
• The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.Jun 16
• The Reserve Bank of New Zealand is managing monetary policy, noting that geopolitical conflict in the Middle East is driving inflation above target range.Jun 7
• Central banks, including the ECB and Norges Bank, are tightening monetary policy in response to inflation driven by the Middle East war.Thu 09:52
• The Swiss National Bank is involved in the development of a new payment system.Aug 28