Financial News: Swiss Central Bank Keeps Rate Unchanged At 0%

Swiss Central Bank Keeps Rate Unchanged At 0%

06/18/2026 - 04:08:00 (RTTNews)

(RTTNews) - The Swiss National Bank left its policy rate unchanged on Thursday, despite rising inflation.

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 for over seven years.

"If necessary, the SNB has an increased willingness to intervene in the foreign exchange market," the bank said.

"The SNB thereby counters a rapid and excessive appreciation of the Swiss franc, which would jeopardise price stability in Switzerland," the bank added.

Citing the impact of higher energy prices, the bank raised its inflation forecast for 2026 to 0.6 percent from 0.5 percent. Inflation is expected to remain at 0.6 percent next year and to rise marginally to 0.7 percent in 2028. The projections for 2027 and 2028 were revised by 0.1 percentage point each.

The central bank maintained its growth outlook for both 2026 and 2027. For this year, growth is projected at around 1 percent and about 1.5 percent next year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Italy Current Account Surplus Grows In April (16 min(s), 44 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in April from the previous year, the Ban ...Full Story»

Swiss Central Bank Keeps Rate Unchanged At 0% (01 hr(s), 25 min(s), 44 sec(s) ago)
(RTTNews) - The Swiss National Bank left its policy rate unchanged on Thursday, despite rising inf ...Full Story»

UK Unemployment Rate Drops (01 hr(s), 47 min(s), 44 sec(s) ago)
(RTTNews) - The UK unemployment rate dropped in the three months to April and wages grew more than ...Full Story»

Dutch Jobless Rate Remains Stable At 3.9% (03 hr(s), 08 min(s), 44 sec(s) ago)
(RTTNews) - The Netherlands' unemployment held steady in May after falling to an 8-month low i ...Full Story»

European Economic News Preview: Bank Of England Policy Decision Due (03 hr(s), 53 min(s), 44 sec(s) ago)
(RTTNews) - The Bank of England and Swiss National Bank announce monetary policy decisions on Thur ...Full Story»

New Zealand GDP Growth Improves (04 hr(s), 32 min(s), 44 sec(s) ago)
(RTTNews) - New Zealand's economy logged a faster growth in the first quarter, primarily drive ...Full Story»

New Zealand GDP Data Due On Thursday (26 min(s), 16 sec(s) ago)
(RTTNews) - New Zealand will on Thursday release Q1 numbers for gross domestic product, highlighti ...Full Story»

Fed Leaves Interest Rates Unchanged, Officials See Possible Rate Hike This Year (53 min(s), 16 sec(s) ago)
(RTTNews) - Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, ...Full Story»