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SWISS NATIONAL BANK CHAIRMAN: inf in line with medium-term price-stability objective.

2026-05-28

SWISS NATIONAL BANK CHAIRMAN: inf in line with medium-term price-stability objective.

Other News
2026-05-28

Federal Reserve Governor COOK said it may take a long time to see structural changes in the economy brought by artificial intelligence (AI).

Federal Reserve Governor COOK said it may take a long time to see structural changes in the economy brought by artificial intelligence (AI).
2026-05-28

State Council issued the Urban Renewal 15th Five-Year Plan, directing fiscal and financial support to scale urban renewal. Central budgetary investment and central fiscal funds will back eligible projects. Local government special bonds may be used t

State Council issued the Urban Renewal 15th Five-Year Plan, directing fiscal and financial support to scale urban renewal. Central budgetary investment and central fiscal funds will back eligible projects. Local government special bonds may be used to finance eligible urban renewal construction and count as project equity. Local governments should raise fiscal contributions and consolidate/reallocate funds while meeting national obligations. Targeted tax and fee relief for urban renewal will be implemented. Financial institutions are to provide market-based financing within their legal business scope and must not create new implicit local government debt. For risk-controllable, commercially viable eligible projects, market financing structures — including integrated development, syndicated loans and project investment — are permitted. Authorities will explore financial support for self-renovation of aging urban housing and demolition-and-rebuild projects.
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