SNB Poised to Cut Rates Back to Zero Later Today

SNB poised to cut rates back to zero later today

The Swiss central bank rate policy is set to follow the inflation path

Swiss Franc Jumps After Measured SNB Cut, Sterling Recovers after BoE - Action Forex

Swiss Franc rebounded broadly on Thursday after SNB delivered a widely expected 25bps rate cut to 0.00%. Some trade had speculated on either a stronger dovish signal or even surprise action aimed at curbing Franc strength. Instead, SNB refrained from anything bold, and the post-meeting move in Franc reflected such disappointment. Also, in a global environment marked by elevated uncertainty, particularly with ongoing Middle East tensions, the saf…

Zero Interest Rates Are Back as SNB Cuts Again

The Swiss National Bank's rate had been positive since late 2022.

Switzerland Enters Era of Zero Interest Rates

Bern June 19 2025: The Swiss National Bank on Thursday cut interest rates by a further 25 basis points to 0% — adding to concerns over a potential return to negative rates. The reduction was widely expected by markets ahead of the decision, after traders priced in an around 81% chance of a quarter-point cut and around a 19% chance of a bigger 50-basis-point cut. “Inflationary pressure has decreased compared to the previous quarter. With today’s …

The SNB cuts to zero, but comes off as hawkish - Monex Canada

The Swiss National Bank has cut rates by 25bps following the June policy meeting. This latest decision takes rates back to 0.0%, matching market consensus. That said, some in markets, including ourselves, had thought that the SNB could opt for a larger reduction in rates in light of softer-than-expected inflation. And, having looked through the details of today’s report, we are a little surprised that rate-setters did not exercise this option. G…