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周四,瑞士国家银行将利率下调了25个基点至1.00%,这是自2023年初以来的最低水平。这是该行今年第三次降息,表明央行在逐步撤回旨在应对通胀的措施。这一举措与欧洲中央银行和美联储采取的降低借贷成本的步骤一致,并且随着通胀迅速降温,进一步降息的可能性大增。

(瑞士国家银行政策利率,来源:Forex Factory)
这是瑞士国家银行主席托马斯·乔丹在12年任期内的最后一次决定,而这一决定得以实施,得益于瑞士价格上涨的放缓,8月通胀率降至1.1%,并且过去15个月一直处于央行0-2%的目标范围内。乔丹在决定之后表示,瑞士国家银行准备再次降息,指出瑞士的通胀压力显著减少。
他的继任者马丁·施莱格尔表示,瑞士国家银行认为通胀可能进一步下降,这意味着有可能会进一步降息,尽管他没有做出任何保证。施莱格尔指出,瑞士通胀压力减弱有助于再次降息的决定,瑞士国家银行下调了对2025年和2026年的通胀预测,并预计2027年第二季度的消费者价格增长率为0.6%。
“我们的职责是维护价格稳定,这将继续是我们的职责”, 施莱格尔在周四接受路透社采访时说道, 而且这也是瑞士国家银行的优先任务。价格稳定是定义为通胀在0-2%的范围内一直是乔丹领导期间的关键目标,并且在过去15个月里,通过提高利率和允许瑞士法郎升值以抑制进口价格的上涨,这一目标得以实现。
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