Swiss National Bank meeting —
At its 20 March 2025 meeting, the Swiss National Bank lowered its policy rate from 0.50% to 0.25%.
Decision
cut — 0.50% to 0.25%
Key passages
The Swiss National Bank is lowering the SNB policy rate by 0.25 percentage points to 0.25%.
The SNB also remains willing to be active in the foreign exchange market as necessary.
Meeting documents
Background reading
Next meeting · Open the full decision workspace
The Cadence Brief
The one number that moved central bank pricing — delivered each weekday morning.