SNB's Role in Price and Financial Stability
Matter emphasized that the SNB is responsible for maintaining both price and financial stability, and the anticipated announcement would reflect these duties.
LATEST: Swiss MP Matter has suggested that the Swiss National Bank may make an announcement regarding Credit Suisse by Monday morning.
— Paryte (@Parytecom) March 15, 2023
Restoring Trust Through Liquidity and Collateral
The Swiss MP believes that the SNB would offer liquidity against collateral to halt a potential bank run, restoring public confidence in the safety of their money.