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The USD/CHF exchange rate rose modestly after the Federal Reserve left interest rates unchanged on Wednesday, with investors now turning their attention to the Swiss National Bank's upcoming monetary policy decision. It was trading at 0.7988, up slightly from this week’s low of 0.7900.
The Swiss National Bank will keep its key policy rate at 0% on June 18 and for the rest of the year, according to all the economists who responded to a Reuters poll, as a stronger franc partly offset the impact of the energy price shock related to the U.
The Swiss National Bank (SNB) is keeping its key interest rate at 0.00 percent. The SNB announced on Thursday as part of its quarterly monetary policy assessment that it remains highly prepared to intervene in the foreign exchange market.
Nancy Lazar, chief global economist at Piper Sandler, is forecasting zero interest rate cuts for the remainder of 2026, citing a combination of already-stimulative monetary policy, robust fiscal support, and an improving labor market. Her outlook stands in ...
