2023-06-22 08:10:08
Bern/Zurich – The Swiss National Bank (SNB) is raising interest rates once more because of what it considers to be persistent inflationary pressure – albeit less sharply than recently. And she holds out the prospect of further monetary tightening if necessary. The SNB key interest rate will be raised by 0.25 percentage points to 1.75 percent, as the central bank announced on Thursday. “In this way, it is counteracting inflationary pressure, which has risen once more in the medium term,” said the SNB. “It cannot be ruled out that additional rate hikes will be necessary to ensure price stability in the medium term.”
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