Policy Rate Determined by the Swiss National Bank
Switzerland| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The policy interest rate set by the Swiss National Bank (SNB) is a crucial indicator that determines the direction of Switzerland's monetary policy. Through this rate, the SNB aims to achieve economic stability and growth while controlling inflation. This policy rate is applied by the SNB to lending and deposit transactions and influences the overall interest rate levels in the financial market.
The setting of the policy rate takes into account factors such as economic growth, inflation, unemployment rate, exchange rates, and international economic conditions. When the rate is increased, it is intended to curb inflation and prevent the economy from overheating. Conversely, when the rate is lowered, it aims to stimulate the economy by encouraging consumption and investment.
The announcement of the policy rate is closely watched as it has a significant impact on financial markets. Investors and businesses adjust their economic outlook and investment strategies based on this rate. Additionally, changes in the policy rate directly affect borrowing costs and savings rates for consumers, making it an important event for the general public.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
