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SNB President Schlegel Probably Stays at Zero Interest Rates – What that Means to You

Summary by 20 Minuten
While ECB and Bank of Japan raise interest rates, the SNB is expected to maintain zero interest rates. Experts explain what this means for mortgages, rents and savings accounts.
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3 Articles

The SNB notes in its monetary policy assessment that the medium-term inflationary pressure on the last assessment in March remained virtually unchanged.

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On Thursday, the SNB will not use the key interest rate. In Switzerland, zero interest rates continue to prevail – despite the continued strong Swiss franc and uncertainty on the energy markets.

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While ECB and Bank of Japan raise interest rates, the SNB is expected to maintain zero interest rates. Experts explain what this means for mortgages, rents and savings accounts.

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20 Minuten broke the news on Wednesday, June 17, 2026.
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