Central Bank RatesSwitzerland policy rate in 2024 (4 changes)
Start of year1.75%
End of year0.50%Dec 31, 2024
Net change-125 bp0 hikes, 4 cuts
Average1.335%
Rank by level37 / 38
Changes in 2024
| Date | From | To | Change |
|---|---|---|---|
| Mar 22, 2024 | 1.75% | 1.50% | cut -25 bp |
| Jun 21, 2024 | 1.50% | 1.25% | cut -25 bp |
| Sep 27, 2024 | 1.25% | 1.00% | cut -25 bp |
| Dec 13, 2024 | 1.00% | 0.50% | cut -50 bp |
Compared with other areas at the end of 2024
47.5%
21%
12.25%
10%
9.5%
8.5%
7.75%
6.5%
6.5%
6.5%
6%
5.75%
5.75%
5.75%
5.55%
5%
5%
5%
4.75%
4.75%
4.5%
4.5%
4.375%
4.35%
4.25%
4%
4%
3.25%
3.1%
3%
3%
3%
2.75%
2.6%
2.5%
2.25%
0.5%
0.25%
Year-end rate over time
0%
0%
0.5%
1.75%
1%
-0.75%
-0.75%
-0.75%
-0.75%
-0.75%
-0.75%
-0.75%
-0.25%
0.125%
0.125%
0.125%
0.375%
0.375%
0.5%
2.75%
2%
1%
0.75%
0.375%
0.75%
1.75%
3.5%
2024: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.