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Just lifted, the savings account rates are already falling.

Summary by Le Temps
As savings account interest rates were just starting to recover, the interest rate hike is already over. Banks are again reducing the interest rates offered. The Swiss National Bank's (SNB) monetary easing is not pleasing savers. The surprise decision by the issuing bank to lower its key rate by 0.25 percentage points to 1.5% in March is already affecting customers. Moneyland has examined Swiss savings accounts. The result: some banks have start…

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As savings account interest rates were just starting to recover, the interest rate hike is already over. Banks are again reducing the interest rates offered. The Swiss National Bank's (SNB) monetary easing is not pleasing savers. The surprise decision by the issuing bank to lower its key rate by 0.25 percentage points to 1.5% in March is already affecting customers. Moneyland has examined Swiss savings accounts. The result: some banks have start…

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Le Temps broke the news in on Friday, May 24, 2024.
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