{
  "data": {
    "id": "swiss-national-bank-2026-06-18",
    "bank": "swiss-national-bank",
    "bankName": "Swiss National Bank",
    "country": "CH",
    "date": "2026-06-18",
    "announceAt": "2026-06-18T07:30:00Z",
    "timezone": "Europe/Zurich",
    "dateStatus": "published",
    "movedFrom": null,
    "rateBefore": 0,
    "step": 0.25,
    "calendarSource": "https://www.snb.ch/en/publications/communication/press-releases-restricted/pre_20260618",
    "citation": "Monetary policy assessment of 2026-06-18, listed on the SNB monetary policy decisions page; the SNB monetary policy RSS feed timestamps the press release at 07:30 UTC (09:30 Swiss time). The event schedule only lists future events.",
    "settleSource": {
      "role": "decision-statement",
      "pattern": "https://www.snb.ch/en/publications/communication/press-releases-restricted/pre_<YYYYMMDD>[_n]",
      "foundAt": "https://www.snb.ch/en/the-snb/mandates-goals/monetary-policy/decisions",
      "example": "https://www.snb.ch/en/publications/communication/press-releases-restricted/pre_20260924",
      "resolvable": true,
      "reads": {
        "right": 6,
        "wrong": 0,
        "void": 0
      }
    },
    "observed": {
      "at": "2026-06-18T07:30:00Z",
      "rateBefore": 0,
      "rateAfter": 0,
      "direction": "hold",
      "statement": "https://www.snb.ch/en/publications/communication/press-releases-restricted/pre_20260618",
      "observed": true
    },
    "page": "https://macroindex.org/bank/swiss-national-bank/decision/2026-06-18",
    "account": {
      "summary": "The Swiss National Bank left the SNB policy rate unchanged at 0%.",
      "reasons": [
        "The SNB said inflation had risen from 0.1% in February to 0.6% in May, mainly because of higher prices for oil products, while medium-term inflationary pressure was virtually unchanged.",
        "It said its conditional forecast, averaging 0.6% for 2026 and 2027, stayed within the range of price stability, and that monetary policy was appropriate and supported economic development.",
        "The SNB said it had an increased willingness to intervene in the foreign exchange market if necessary to counter a rapid and excessive appreciation of the Swiss franc."
      ],
      "guidance": "The SNB said it would continue to monitor the situation and adjust its monetary policy if necessary in order to ensure price stability.",
      "links": [
        {
          "label": "Introductory remarks, news conference",
          "url": "https://www.snb.ch/en/publications/communication/speeches-restricted/ref_20260618_mslanmargpe"
        },
        {
          "label": "Summary of discussion",
          "url": "https://www.snb.ch/en/publications/communication/summaries/zus_20260716"
        }
      ],
      "readFrom": [
        "https://www.snb.ch/en/publications/communication/press-releases-restricted/pre_20260618"
      ],
      "at": "2026-10-10"
    }
  },
  "meta": {
    "dataset_version": "2026-10-10.30752eb2",
    "built_at": "2026-10-10T18:04:32Z",
    "generated_at": "2026-10-10T21:50:44.394Z",
    "licence": "CC BY 4.0: credit \"Macro Index\" and link to the site",
    "docs": "https://macroindex.org/openapi.json"
  }
}