Swiss National Bank Holds Interest Rates.
The Swiss National Bank decided today to keep its key interest rate at 0%. This marks the third consecutive time the bank has held rates steady following a period of cuts that ended in mid-2025. The decision is largely a response to the Swiss franc’s role as a safe haven currency. Investors have been flocking to the franc due to geopolitical tensions and global trade tariffs, causing its value to spike. The SNB remains ready to intervene in the foreign exchange market to prevent the franc from becoming too strong, which could hurt Swiss exports.
©YovaniBernard