BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
Ukraine’s drone strikes are having an impact on Russia — but Russian leaders remain committed to war 
Is Netanyahu’s star waning in Washington? His latest meeting with Trump suggests it may be 
Same sparkle, different story: how lab-grown diamonds are transforming the market 
At its March 19, 2026, policy meeting, the Swiss National Bank (SNB) stayed course and maintained the headline policy rate at 0.00%. Consistent with market expectations, the central bank maintained its sight deposit payment at 0% up to a certain threshold and imposed a 0.25% discount on balances above that level. The SNB indicated that its current monetary approach is fit for striking a balance between internal price stability and notable international geopolitical instability by avoiding a return to negative interest rates.
The SNB raised its short-term predictions even though the medium-term inflation prognosis remains well within the central bank's target range of 0% to 2%. The inflation prediction for 2026 was raised to 0.5% from a prior estimate of 0.3%, mostly due to rising energy prices related to continuing tensions in the Middle East. The long-term prognosis for 2027 was somewhat offset by the deflationary influence of a constantly strong Swiss Franc, which still functions as a natural barrier against imported inflation.
The SNB's greater willingness to interfere in the foreign exchange markets was one of the main takeaways from the announcement. Officials specifically mentioned a greater readiness to undertake FX operations to combat any fast appreciation of the Franc that could jeopardize the Swiss export sector or price stability. As traders priced in the rising possibility of central bank action, this "hawkish" change in intervention language first resulted in a modest drop of the CHF. Markets stay concentrated on these intervention thresholds since the Franc continues to be supported by safe-haven demand in the face of worldwide uncertainty.
