News
Central bank decisions, economic data, gold and oil, and plain-English guides to how currency trading works. Every article links to its primary sources.
Consumer prices were unchanged on the month, the Federal Statistical Office said, and 1.0% above a year earlier, up from 0.8% in August. Core inflation was 0.5%.
The SNB left its policy rate unchanged on 24 September and said it remains willing to intervene in the currency market. It raised its near-term inflation forecast slightly, to 0.7% for 2026, on higher oil product prices.
Update: the week's releases are out, from the flash PMIs to the SNB, Norges Bank and Riksbank decisions, Australian jobs and Canadian retail sales, and US PCE inflation and GDP followed on 30 September.
The Swiss National Bank holds the world's lowest major rate at 0% — while inflation rises and the franc stays strong. Here is the SNB's strange position and what its September decision means.
Consumer prices rose 0.4% in August 2026 and 0.8% from a year earlier, the Federal Statistical Office said on 3 September, ahead of the SNB's decision with its rate at 0%.
Update: on 24 September the SNB held its rate at 0% for a third straight quarter and repeated its willingness to intervene if the franc appreciates too quickly.
