FX.co ★ Swiss National Bank Holds Interest Rates Steady for Third Consecutive Term

In a much-anticipated decision, the Swiss National Bank (SNB) has opted to maintain its main interest rate at 0.00% for the third consecutive quarter. The announcement, made on September 25, 2025, signifies the bank's continued cautious approach in response to current economic conditions within and surrounding Switzerland.

This decision follows the SNB's pattern this year, as the bank previously set the interest rate at 0.00% during the second quarter of 2025. Analysts suggest that the SNB is prioritizing economic stability amid a globally uncertain market environment. By keeping rates flat, the SNB aims to support domestic economic growth while monitoring inflationary pressures closely.

The SNB's stance reflects an ongoing evaluation of the global economic climate, as well as internal economic indicators. As global markets remain unpredictable, Switzerland's central bank continues to signal its commitment to fostering a resilient economy without significant shifts in monetary policy. As the year progresses, all eyes will be on the SNB for any potential adjustments influenced by incoming economic data.