Forex Fundamentals
SNB Interest Rate Decision

SNB Interest Rate Decision 23 March 2023

SNB Interest Rate Decision 23 March 2023: 1.5%, in line with the forecast and up from 1% in December 2022. It is the highest of the last 12 releases. It was released on Thu 23 Mar 2023 at 08:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Swiss National Bank. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.5%
Forecast
1.5%
The market consensus
Previous
1%
As the source gives it

What a print like this usually does

In line with the forecast: If the rate matches expectations, the franc may show little initial reaction, but the SNB’s guidance on inflation, future rates and the exchange rate can still move it.

SNB Interest Rate Decision 23 March 2023: 1.5% against a 1.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

SNB Interest Rate Decision 23 March 2023: 1.5% vs 1.5% forecast (Swiss National Bank). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/snb/2023-03-23

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
23 Mar 2023—1.5%1.5%1%
15 Dec 2022—1%1%0.5%
22 Sep 2022—0.5%0.5%-0.25%
16 Jun 2022—-0.25%-0.75%-0.75%
24 Mar 2022—-0.75%-0.75%-0.75%
16 Dec 2021—-0.75%-0.75%-0.75%
23 Sep 2021—-0.75%-0.75%-0.75%
17 Jun 2021—-0.75%-0.75%-0.75%
25 Mar 2021—-0.75%-0.75%-0.75%
17 Dec 2020—-0.75%-0.75%-0.75%
24 Sep 2020—-0.75%-0.75%-0.75%
18 Jun 2020—-0.75%-0.75%-0.75%
The release before:SNB Interest Rate Decision 15 December 2022The release after:SNB Interest Rate Decision 22 June 2023SNB Interest Rate Decision: every recent resultThis week’s economic calendar