Swiss without surprises. SNB has lowered interest rates

The National Bank of Switzerland (SNB) lowered the benchmark rate of percent. by 25 pb. up to 0.00 percent – the bank informed in the Thursday announcement.

Analysts estimated that on Thursday the SNB interest rate will be reduced by 25 PB.

SNB said that it is ready to intervene on the currency market if necessary.

The bank estimates the increase in Switzerland's GDP in 2025 by 1.0-1.5 percent. And similarly in 2026

SNB inflation forecasts for 2025 are 0.2 percent, in 2026 0.5 percent, in 2027 0.7 percent

(PAP Biznes)

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