SNB Rate to Stay at 0% Until End-2027, ING Says
ING's Chris Turner notes a Bloomberg report that the Swiss National Bank may keep its policy rate unchanged at 0.00% until the end of 2027, supporting the franc's role as a funding currency.
USDCHF
ING analyst Chris Turner highlighted a Bloomberg source story suggesting the Swiss National Bank may keep its policy rate at 0.00% until end-2027.
The reported outlook, which aligns with ING's own projections, implies a prolonged period of unchanged low rates.
Such an extended pause reinforces the Swiss franc's attractiveness as a funding currency, potentially encouraging carry trades where market participants borrow cheaply in francs to invest in higher-yielding assets.
Source: FXStreet Forex News