The Swiss National Bank is likely to raise interest rates again next week. What this means for savers, consumers and mortgage holders and what consequences the June rate hike has already had.
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Up to now, higher interest rates have had a limited impact on residential property prices in Switzerland.
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In its assessment of the situation next Thursday, 22 September, the Swiss National Bank (SNB) is likely to raise the benchmark rate further. The European Central Bank (ECB), among other things, has created room for maneuver by announcing an interest rate hike of 0.75 percentage points to 1.25 percent last week in the fight against record inflation.
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