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
Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.