Switzerland: Staff Report for the 2014 Article IV Consultation
IMF Staff Country Reports, May 28, 2014
Source details
- Canonical URL
- Switzerland: Staff Report for the 2014 Article IV Consultation
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Bibliographic details
- Published: May 28, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498312967.002
Economic outlook and growth
- The growth of the Swiss economy "has gathered pace."
- "The recovery is expected to continue" while "the output gap will progressively close."
Inflation dynamics
- "Inflation remains close to zero."
- Inflation "should rise gradually."
Fiscal position
- "The fiscal position is healthy."
- A "broadly neutral stance projected for 2014."
Exchange rate and external environment
- "Despite improved market confidence toward the euro area and tapering in the United States, the exchange rate has remained close to the floor."
Financial sector risks and policy measures
- Authorities have taken several measures to contain risks, including:
- "raising the countercyclical capital buffer"
- "adopting prudential measures to tighten lending standards and conditions"
Subjects and keywords (as listed)
- Subjects: Banking, Deposit insurance, Exchange rates, Financial institutions, Financial statements, Foreign exchange, Housing prices, Inflation, Mortgages, Prices, Public financial management (PFM)
- Keywords: authority, CR, debt, Exchange rates, Financial statements, Global, Housing prices, IMF staff estimate, Inflation, inflation expectation, ISCR, mortgage debt, mortgage lending, Mortgages, statistics, supervisory authority
International Monetary Fund. Switzerland: Staff Report for the 2014 Article IV Consultation (May 28, 2014).