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Swiss National Bank

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Switzerland's Central Bank Hikes Interest Rate By 1/2 Percentage Points Amidst Inflation Fears

The Swiss National Bank said the rate hike would take effect Friday. The Swiss franc, which is generally considered a stable currency, jumped against the euro and the US dollar in currency markets after the...

17 June 2022

Swiss National Bank Hikes Interest Rate By 1/2 Point Amid Inflation Fears

The bank said the rate on sight deposits would be increased by a half-point, to negative 0.25 per cent. Swiss interest rates have been negative for months, indicating that inflation had not been a worry of monetary...

17 June 2022

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