Forex Fundamentals
SNB Interest Rate Decision

SNB Interest Rate Decision 21 March 2024

SNB Interest Rate Decision 21 March 2024: 1.5%, below the 1.75% forecast and down from 1.75% in December 2023. It is the lowest reading since March 2023. 2 of the last 12 releases came in below the forecast. It was released on Thu 21 Mar 2024 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
1.75%
The market consensus
Previous
1.75%
As the source gives it

What a print like this usually does

Below the forecast: A rate below expectations, or a stronger easing signal, usually weakens the franc substantially.

SNB Interest Rate Decision 21 March 2024: 1.5% against a 1.75% 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 21 March 2024: 1.5% vs 1.75% forecast (Swiss National Bank). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/snb/2024-03-21

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
21 Mar 2024—1.5%1.75%1.75%
14 Dec 2023—1.75%1.75%1.75%
21 Sep 2023—1.75%2%1.75%
22 Jun 2023—1.75%1.75%1.5%
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%
The release before:SNB Interest Rate Decision 14 December 2023The release after:SNB Interest Rate Decision 20 June 2024SNB Interest Rate Decision: every recent resultThis week’s economic calendar