The Swiss National Bank's interest rate decision sets Swiss borrowing costs and is the main driver of the Swiss franc.
Actual
-0.75%
Forecast
-0.75%
Previous
-0.75%
SNB Interest Rate Decision for June 18, 2020 came in at -0.75% versus -0.75% expected (previous -0.75%), in line with forecast.
What it meant for the CHF
The actual landed in line with the -0.75% forecast. A reading above forecast is generally bullish for the CHF, and below forecast bearish.
New to this release? See what SNB Interest Rate Decision measures, the next release and its full history.