21. März 2025|
AI
|9 months agoSwiss National Bank Makes Fifth Consecutive Rate Cut Amid Economic Uncertainty
Central bank reduces key interest rate to 0.25%, citing weak inflationary pressure and increased economic risks in latest monetary policy adjustment.
AI
Generated IllustrationKey Takeaways
AI
- The Swiss National Bank has cut interest rates for the fifth consecutive time
- The key interest rate was lowered by 25 basis points to 0.25%
- SNB previously raised rates from -0.75% to 1.75% between June 2022 and 2023
By The Numbers
0.25%
Current Key Interest Rate
25
Basis Points Cut
0-2%
Price Stability Range Target
They Said
"The SNB is ensuring that monetary conditions remain appropriate in view of the weak inflationary pressure and the increased downside risks for inflation"