DeutschBanks / Switzerland
Swiss National Bank: decision history
Policy rate: SNB policy rate
Every observed decision and the rate series. The facts below are computed from observed decisions only, never from the calendar.
475days since the last change (19 Jun 2025)
5consecutive holds
7observed decisions since 20 Mar 2025
Past moves by size
- hold ×5
- 25 bp cut ×2
Observed decisions
| Date | Decision | Before | After | Change | Statement |
|---|---|---|---|---|---|
| hold | 0.00% | =0.00% | 0 bp | snb.ch/en/publications/communication… | |
| hold | 0.00% | =0.00% | 0 bp | snb.ch/en/publications/communication… | |
| hold | 0.00% | =0.00% | 0 bp | snb.ch/en/publications/communication… | |
| hold | 0.00% | =0.00% | 0 bp | snb.ch/en/publications/communication… | |
| hold | 0.00% | =0.00% | 0 bp | snb.ch/en/publications/communication… | |
| cut | 0.25% | ↓0.00% | −25 bp | snb.ch/en/publications/communication… | |
| cut | 0.50% | ↓0.25% | −25 bp | snb.ch/public/asset/en/www-snb-ch/pu… |
Rate series
| Effective | Rate | Source |
|---|---|---|
| 0.00% | snb.ch/en/publications/communication… | |
| 0.25% | snb.ch/public/asset/en/www-snb-ch/pu… | |
| 0.50% | snb.ch/public/asset/en/www-snb-ch/pu… |