Monetary policy and financial stability at the SNB: the role of macroprudential tools

Public lecture by Dr. Antoine Martin, Swiss National Bank

Central banks have a mandate to ensure price stability, but they also have further responsibilities, such as contributing to a stable financial system. This event focuses on how the Swiss National Bank has managed the interplay between monetary policy and financial stability in practice, with an emphasis on the role of macroprudential tools.

Program
18.15: Welcome: Prof. Dr. Yvan Lengwiler, Universität Basel
18.25: Lecture: Monetary policy and financial stability at the SNB: the role of macroprudential tools, Dr. Antoine Martin, SNB
18.55: Panel followed by Q&A: Prof. Dr. Sarah Lein, Dr. Antoine Martin and Dr. Nikola Tarashev, Moderation: Prof. Dr. Yvan Lengwiler
19.30: Apéro

Since the introduction of macroprudential frameworks in the aftermath of the Global Financial Crisis, central banks have gained experience of a full interest rate cycle and several shocks, including the acquisition of Credit Suisse by UBS. What lessons have been learned and how can macroprudential policy continue to strengthen the resilience of the financial system in the future?

The event is held in English. Please register by 19 August 2026.