The Swiss National Bank plans to keep its policy rate at zero through 2026, according to a Reuters poll. Inflation is steady, and the Swiss franc remains strong. Negative rates are unlikely due to potential side effects. The ECB’s stance also influences the SNB’s decision-making.

Most economists predict the SNB will maintain its 0.00% rate on September 25. Inflation exceeding expectations and the ECB’s reluctance to cut rates contribute to this outlook. The Swiss franc is expected to weaken against the euro over the next year.

Inflation in Switzerland remains low, with rates well within the central bank’s target range. Economists anticipate rates to stay unchanged for the rest of the year and through 2026. The SNB is expected to prioritize currency market intervention over introducing negative rates.

Read more at Yahoo Finance: SNB to hold rates at zero on September 25 and throughout 2026, economists say: Reuters poll