SNB Rate Hike Expectations Delayed to June Next Year

Economists push earliest SNB rate hike forecast to June next year, with most anticipating action only in early 2028, aligning with central bank's zero-rate outlook through 2027.

Woofun AI reports that economists have revised their forecasts for the Swiss National Bank's first interest rate increase, now projecting it will not occur before June next year. Institutional survey data indicates that experts who previously anticipated a hike this year now expect the SNB to wait until 2027, while the majority believe the initial move could be delayed until early 2028.

This shift aligns with the SNB's own guidance, which projects policy rates remaining at 0% through the end of 2027, assuming no major external shocks.