{"id":121637,"date":"2025-12-11T13:40:34","date_gmt":"2025-12-11T09:40:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121637"},"modified":"2025-12-11T18:40:55","modified_gmt":"2025-12-11T14:40:55","slug":"snb-holds-rates-at-0-as-expected-focus-shifts-to-schlegels-press-conference-for-policy-signalsserves","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/snb-holds-rates-at-0-as-expected-focus-shifts-to-schlegels-press-conference-for-policy-signalsserves\/12\/11\/market-updates\/","title":{"rendered":"SNB Holds Rates at 0% as Expected; Focus Shifts to Schlegel\u2019s Press Conference for Policy Signalsserves"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n<p>The <strong>Swiss National Bank (SNB)<\/strong> kept interest rates unchanged at <strong>0%<\/strong>, in line with expectations.<br>Market attention now turns to <strong>Chairman Martin Schlegel\u2019s press conference at 09:00 GMT<\/strong>, where investors will be seeking clearer guidance on the path of monetary policy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Highlights from the SNB Monetary Policy Statement<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Interest Rate Framework:<\/strong><br>Banks\u2019 sight deposits at the SNB will continue to receive interest at the policy rate, <strong>up to a defined threshold<\/strong>.<\/li>\n\n\n\n<li><strong>FX Market Stance:<\/strong><br>The SNB reiterated its readiness to <strong>intervene in the foreign exchange market when necessary<\/strong>, maintaining its flexible approach to managing the franc.<\/li>\n\n\n\n<li><strong>Inflation Outlook:<\/strong><br>Inflation pressures remain <strong>virtually unchanged<\/strong> from the previous assessment.\n<ul class=\"wp-block-list\">\n<li><strong>2025 inflation:<\/strong> 0.2% (unchanged)<\/li>\n\n\n\n<li><strong>2026 inflation:<\/strong> 0.3% (down from 0.5%)<\/li>\n\n\n\n<li><strong>2027 inflation:<\/strong> 0.6% (down from 0.7%)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss National Bank (SNB) kept interest rates unchanged at 0%, in line with expectations.Market attention now turns to Chairman Martin Schlegel\u2019s press conference at 09:00 GMT, where investors will be seeking clearer guidance on the path of monetary policy. Key Highlights from the SNB Monetary Policy Statement Interest Rate Framework:Banks\u2019 sight deposits at the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":100226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[6904,7210,11040],"class_list":["post-121637","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-bitcoin","tag-snb","tag-swiss-constitution"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121637"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121637\/revisions"}],"predecessor-version":[{"id":121639,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121637\/revisions\/121639"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/100226"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}