The Swiss National Bank left its policy rate unchanged on Thursday as inflation continues to remain well within the target.
The central bank left its policy rate at zero percent, in line with market expectations.
The SNB had lowered the key rate by 175 basis points since March 2024. The bank exited its negative rate in 2022 after holding it steady for over seven years.
"If necessary, the SNB has an increased willingness to intervene in the foreign exchange market," the bank said in a statement.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.