BREAKING: Swiss interest rates cut by 25 bp ✂️

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08:30 AM GMT, Switzerland - SNB Interest Rate Decision:

actual 0.25%; forecast 0.25%; previous 0.50%;

SNB's statement:

The SNB is ready to intervene in the market.
Economic growth this year at the level of 1-1.5%.
The SNB sees low inflationary pressure. In 2025, CPI at 0.4%, in 2026 at 0.8%, and in 2027 at 0.8%.
The SNB sees a risk of further inflation decline.

The EURCHF has halted the decline at the annoucement.

Source: xStation5

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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