Swiss National Bank keeps interest rate unchanged

In an international environment marked by profound uncertainty, the Swiss National Bank (SNB) is leaving its monetary policy unchanged: the institution is keeping its benchmark rate at 0.0%, the level at which it has been since June 2025. +Get the most important news from Switzerland in your inbox This is the third consecutive time that the entity has opted for stability. The move, announced on Thursday as part of the traditional quarterly review of the economic and monetary situation, is in line with what analysts had expected. According to the experts, given the low inflation rate (0.1% in February, the same level as in January and December), there was no reason to act, especially as the rise in energy prices in the wake of the war in the Middle East should be cushioned by the strength of the Swiss franc. On Wednesday, the United States Federal Reserve left rates unchanged and continues to expect only one reduction in the cost of money this year. The European Central Bank (ECB) ...