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%
Source: Swiss National Bank. Figures as released; revisions appear in the next print.
SNB Interest Rate Decision for March 24, 2022 came in at -0.75% versus -0.75% expected (previous -0.75%), in line with forecast.
What it meant for the Swiss Franc
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.