Swiss National Bank policy-rate history
Switzerland's SNB policy rate. The page separates the rate's effective date, source coverage, successful retrieval time and official decision evidence.
Updated SNB policy rate effective 20 Jun 2025
SNB policy rate
0.00%
Comparison series; direct source unavailable
Previous observation
0.25%
Effective 21 Mar 2025
Last verified change
-0.25 pp (-25 bp)
cut effective 20 Jun 2025
Next meeting
10 Dec 2026
Scheduled monetary policy decision
Latest data: Sep 22, 2026 · This update may be older than usual.
Rate effective 20 Jun 2025 (Source observation date). Currency: CHF.
Source observations run through 22 Sept 2026. This coverage date may precede the effective date or retrieval time.
Previous 12 months
Complete twelve-month coverage is available. Counts include verified transitions in the available period.
Verified changes
0
0 hikes · 0 cuts · 0 source-confirmed holds
Net rate change
0.00 pp (0 bp)
Year-over-year difference 0.00 pp (0 bp)
Highest observed rate
0.00%
20 Jun 2025
Lowest observed rate
0.00%
20 Jun 2025
Days since last change
465
Based on a verified rate transition
Meeting time zone: Europe/Zurich. Calendar last verified 25 Sept 2026, 13:49 UTC. Swiss National Bank event schedule
Meeting-calendar updates are temporarily paused. The date shown may not include a recent official revision.
Policy-rate history
Historical observations use the published instrument and source dates shown below. Coverage begins 13 Jun 2019.
Policy changes
Decision labels identify whether the source stated the outcome or the rate history implies a transition.
Data basis: Official SNB policy rate; monthly observations are context and do not define transition dates. Comparison series: BIS central-bank policy rate series for event history and direct-coverage gaps..