The Swiss National Bank (SNB) has lowered its key interest rate by a quarter of a percentage point from 1.25% to 1.00%.
On June 20, the Swiss National Bank (SNB) lowered its key interest rate from 1.50 to 1.25 percent.
Since mid-2020, the Swiss National Bank has raised its key interest rate in five steps from -0.75 to +1.75 percent.
The SNB's key interest rate hike has slightly curbed demand for residential property. Nevertheless, only a few experts expect prices to fall.
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