June 23, 2026

SNB* Keeps Interest Rates at Zero

WRS/SWISS RADIO IN ENGLISH: The Swiss National Bank has kept its key interest rate at 0% for the fourth time in a row.

The decision was widely expected, but the bank warned it is now more prepared to intervene in currency markets to counter a rapid rise in the franc — which has been climbing as investors flee geopolitical tensions to the safe haven.

Inflation in Switzerland has edged up from 0.1% in February to 0.6% in May, driven mainly by energy prices linked to the conflict in the Middle East. » || WRS | Friday, June 19, 2026

* SNB – Schweizerische Nationalbank