🇨🇭
Analyze Switzerland with Schema AISwitzerland
CHEEurope • Sovereign Currency: CHF
Nominal GDP
$0.94T
2024
Annual GDP Growth
+1.2%
YoY Q3 2024
Inflation (CPI)
0.6%
Oct 2024 YoY
Policy Rate
1.00%
SNB Policy Rate
10Y Sovereign Yield
0.45%
10Y Eidgenosse
Unemployment Rate
2.5%
Oct 2024
Debt-to-GDP
38.1%
2024
Trade Balance
+$4.1B
Oct 2024
BLOOMBERG ECONOMICS MONETARY POLICY TRANSMISSION
🇨🇭SWISS NATIONAL BANK POLICY DASHBOARD
Target Instrument: SNB Policy Rate • Sovereign: Switzerland (CHE)
STANCE: dovish
Next Meeting: 2026-12-12
LOOSER CONDITIONSIN LINE WITH TARGETTIGHTER CONDITIONS
STATUTORY BENCHMARK
1.00%Unchanged (0 bps)
SNB Policy RateREAL CARRY SPREAD (r - π)
+0.40%
Neutral EquilibriumOVERNIGHT BENCHMARK (SARON)
0.95%-5 bps
Swiss Average Rate OvernightYIELD CURVE SLOPE (10Y - r)
-0.55%
Inverted Term StructureWAGES & PRICES2 METRICS
SUPPLY & DEMAND2 METRICS
FINANCIAL CONDITIONS4 METRICS
SNB Policy RateSNB Policy Rate
Official statutory policy target rate set by Swiss National Bank
Swiss National BankRef
1.00%
IN LINE
Real Carry Rate (Policy - CPI)Calculated
Positive real return regime delivering restrictive monetary drag
Swiss National Bank vs FSO
+0.40%
IN LINE
10-Year Sovereign Benchmark Yield10Y Eidgenosse
Long-term sovereign borrowing benchmark discounting term premium & inflation risk
SIX Swiss ExchangeRef
0.45%
LOOSER
Yield Curve Slope (10Y - Policy Rate)Calculated
Inverted yield curve by 0.55% signaling restrictive monetary drag
Sovereign Debt Desk vs Central Bank Target
-0.55%
TIGHTER
EXTERNAL & FISCAL2 METRICS
HISTORICAL RATE DECISION TRAJECTORY (SNB POLICY RATE)
2026-10-09
1.00%
Policy Assessment Summary: SNB benchmark policy interest rate.
Key Domestic Equities & Capital Markets
Major corporate champions tracked in WOWS with sovereign economic exposure
Index: Swiss Market Index (SMI)