A Swiss Bankers Association survey showed bankers expect the SNB to hold its policy rate at 0% for the rest of this year and through 2027. All respondents said the SNB will keep rates at 0% for the remainder of 2026; 60% expect the pause to extend into the following year, while about 40% expect hikes to begin next year. Most forecast an initial rise to 0.25%, one respondent expects 0.5%. The SNB’s next policy assessment is on Sept. 24. Market pricing shows a 97% probability of no change at the n

A Swiss Bankers Association survey showed bankers expect the SNB to hold its policy rate at 0% for the rest of this year and through 2027. All respondents said the SNB will keep rates at 0% for the remainder of 2026; 60% expect the pause to extend into the following year, while about 40% expect hikes to begin next year. Most forecast an initial rise to 0.25%, one respondent expects 0.5%. The SNB’s next policy assessment is on Sept. 24. Market pricing shows a 97% probability of no change at the next meeting; markets price the first hike in June at +25bps to 0.25%.