Swiss National Bank keeps interest rate at zero

By John Revill

ZURICH, Sept 25 (Reuters) - The Swiss National Bank held its key interest rate at zero on Thursday, the lowest among major central banks, as it weighs the impact of U.S. President Donald Trump's tariffs on the Swiss economy.

The SNB kept its policy rate unchanged at 0%, as expected by markets and a Reuters poll, helped by a small uptick in inflation in recent months.

The decision marks the first hold in seven meetings by the SNB, after it started reducing borrowing costs in March 2024.