The Swiss National Bank (SNB) lowered its policy rate by 25 basis points to 0% on 19 June 2025. This decision follows earlier cuts and aims to curb the strong appreciation of the Swiss franc. The move further increases the appeal of the Swiss franc as a safe haven for investors, especially during periods of economic uncertainty and geopolitical tensions. The SNB also revised its short-term inflation expectations downward, underscoring Switzerland’s reputation for stability.

Date: June 19, 2025
Source: BNR