Swiss National Bank meeting —
At its 19 June 2025 meeting, the Swiss National Bank lowered its policy rate from 0.25% to 0.00%.
Decision
cut — 0.25% to 0.00%
Key passages
The Swiss National Bank is lowering the SNB policy rate by 0.25 percentage points to 0%.
The SNB will continue to monitor the situation closely and adjust its monetary policy if necessary, to ensure that inflation remains within the range consistent with price stability over the medium term.
Meeting documents
Background reading
Previous meeting · Next meeting · Open the full decision workspace
The Cadence Brief
The one number that moved central bank pricing — delivered each weekday morning.