Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
SZ Libor Rate
Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future;
This rate was the SNB's main operating target until it was discontinued in Jun 2019;
- SZ Libor Rate Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Mar 21, 2019 | -0.75% | -0.75% | -0.75% |
| Dec 13, 2018 | -0.75% | -0.75% | -0.75% |
| Sep 20, 2018 | -0.75% | -0.75% | -0.75% |
| Jun 21, 2018 | -0.75% | -0.75% | -0.75% |
| Mar 15, 2018 | -0.75% | -0.75% | -0.75% |
| Dec 14, 2017 | -0.75% | -0.75% | -0.75% |
| Sep 14, 2017 | -0.75% | -0.75% | -0.75% |
| Jun 15, 2017 | -0.75% | -0.75% | -0.75% |
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- SZ Libor Rate News
From think.ing.com|Mar 21, 2019As expected, the SNB has not changed monetary policy, keeping rates unchanged: the interest rate on sight deposits held at the SNB remains set at -0.75%, and the margin of fluctuation of the Libor at three months remains between -1.25% and -0.25%. Despite a slight depreciation of the Swiss franc, the SNB still describes the currency as "highly valued" and continues to intervene on the foreign exchange market, if needed. The SNB has also reduced its conditional inflation forecast (i.e. assuming an unchanged policy rate). For 2019, it ...
From snb.ch|Mar 21, 2019The Swiss National Bank is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Since the monetary policy assessment of December 2018, the Swiss franc has depreciated slightly on a ...
From bnnbloomberg.ca|Feb 12, 2019The world’s lowest interest rate will be around for longer than previously anticipated, with economists forecasting that a dovish shift for central banks around the world will also affect Switzerland. Citing a delay in European Central Bank tightening, Zuercher Kantonalbank’s David Marmet pushed back his expectations for a 25 basis point increase in the Swiss National Bank’s deposit rate by a quarter. UBS Group AG took a similar step last week. For Nomura’s Jordan Rochester, a hike at the SNB lies still further in the future. “I ...
From reuters.com|Dec 13, 2018The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the “fragile” exchange-rate situation and international tensions as reasons to maintain its expansive course into a fourth year. “Surveys indicate that trade tensions have prompted companies to reassess their investment plans and value chains. As far as Brexit is concerned, uncertainty remains high following the postponement of the vote in the UK parliament. The tension surrounding Italy’s fiscal policy also persists,” SNB Chairman Thomas Jordan ...
From snb.ch|Dec 13, 2018|2 commentsThe Swiss National Bank (SNB) is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Since the monetary policy assessment of September 2018, the Swiss franc has depreciated slightly on a ...
From xm.com|Dec 12, 2018The Swiss National Bank (SNB) is widely expected to keep its policy rates unchanged at record lows on Thursday, at 0830 GMT. Markets will look for signals on whether a rate increase in 2019 is on the cards, though considering the weakening momentum in recent Swiss data and the current level of the franc, they’re unlikely to find any. Consistently dovish guidance would argue for a weaker franc over time, barring an escalation of global risks. In stark contrast to almost all its major policymaking-peers, the SNB has refrained from ...
From snb.ch|Sep 20, 2018|4 commentsThe Swiss National Bank (SNB) is maintaining its expansionary monetary policy, thereby stabilising price developments and supporting economic activity. Interest on sight deposits at the SNB remains at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration. Since the monetary policy assessment of June 2018, the Swiss franc has appreciated noticeably, against ...
From xm.com|Sep 14, 2018Economic data will move to the fore next week with several countries reporting inflation, retail sales and flash PMIs. Canada and the United Kingdom will publish CPI and retail sales figures, while in the Eurozone, the focus will be on the flash PMI releases by IHS Markit. Second quarter GDP figures out of New Zealand will be another highlight. Central bank activity will also keep the markets busy as the Bank of Japan and the Swiss National Bank hold policy meetings. The Bank of Japan made several modifications to its program of ...
| Released on Mar 21, 2019 |
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| Released on Dec 13, 2018 |
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| Released on Sep 20, 2018 |
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