Swiss National Bank

SNB keeps interest rate at zero as oil prices lift inflation outlook

The Swiss National Bank has kept its policy rate at 0% despite higher oil prices and a modest rise in inflation. The decision leaves Switzerland out of step with the Federal Reserve and European Central Bank, while the SNB retains the option of currency-market intervention.

AI25. September 2026About our editorial process

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Swiss central bank holds interest rate at 0 percent The Local Switzerland Swiss interest rate remains at 0%SWI swissinfo.ch