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Published Bern, SwitzerlandUpdated

Swiss central bank cuts rates to zero

BERN-MITTELLAND DISTRICT, CANTON OF BERN, JUN 19 – The Swiss National Bank lowered rates for the sixth time since March 2024 to counter deflation and a franc appreciation of about 11% against the US dollar this year.

  • On December 12, 2024, in Bern, Switzerland, the Swiss National Bank lowered its key interest rate to zero percent.
  • The rate cut was prompted by Swiss inflation dipping below zero for the first time in four years, alongside the Swiss franc's notable strengthening.
  • The SNB aimed to counter lower inflationary pressure caused by the franc's safe-haven flows and global economic uncertainty amid trade tensions.
  • In 2025, the Swiss franc strengthened by about 11% against the U.S. dollar, contributing to a 0.1% annual decline in consumer prices in May and raising concerns over potential deflation.
  • The SNB remains ready to adjust policy, including possible negative rates and currency interventions, depending on evolving inflation and global economy conditions.
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53 Articles

Center

The note of the Bns: "Inflationary pressure is backward from the previous quarter. With the easing of our monetary policy announced today we counter this decrease"

·Italy
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Center

The Swiss National Bank responded to declining inflation with the sixth rate reduction in a row.

·Germany
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Lean Right

The Swiss National Bank takes the next step and lowers the key interest rates to zero percent. Will the negative interest rates come back soon?

·Vienna, Austria
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Watauga DemocratWatauga Democrat
+14 Reposted by 14 other sources
Lean Left

Swiss central bank cuts interest rates to zero percent

The Swiss National Bank cut interest rates to zero percent on Thursday as inflation cools and the franc strengthens, while the economic outlook has deteriorated.

·Calhoun, United States
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Bias Distribution

  • 59% of the sources are Center
59% Center
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finews.ch broke the news in on Wednesday, June 18, 2025.
Sources are mostly out of United States (13)
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