Swiss National Bank (SNB) holds policy rate unchanged at 0.00% at its autumn meeting (September 18, 2026, confirmed by SNB press release or Bloomberg)
Miss
✦ AI-generated prediction
Published on 27. August 2026
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Predicted for 18. September 2026
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Based on: Historical Cycle
The SNB meets on September 18, 2026 for its quarterly monetary policy assessment. At its June 2026 meeting it held the policy rate at 0.00%, citing price stability and economic conditions. Swiss inflation stands at just ~0.5% (SNB 2026 forecast), well below the stability range. Analysts (newtrading.io, Morningstar) unanimously expect no rate changes in 2026; the first possible hike is not expected before H2 2027. In contrast to the ECB (likely hiking in September), the SNB remains structurally on hold. Market pricing implies >90% probability of no change.
Data basis for this prediction
- SNB Pressemitteilung 18.06.2026: Leitzins unverändert 0,00 % (snb.ch)
- newtrading.io SNB Interest Rate Calendar 2026: kein Zinsschritt in 2026 erwartet
- Morningstar Europe: 'SNB holds despite recent fall in inflation' (2026)
- SNB Inflationsprognose 2026: 0,5 % Jahresdurchschnitt (snb.ch)
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Miss
[Vorzeitig entschieden] Das SNB-Herbsttreffen 2026 findet am 25. September statt, nicht am 18. September. Vorhersage bezieht sich auf ein 'Herbst-Treffen (18. September 2026)', das nicht existiert. Quelle: Reuters-Poll ('SNB to hold rates at zero on September 25'), SNB-Kalender via mnimarkets.com.
📈 Economy
✦ AI
The BLS releases October 2026 CPI on November 10, 2026 at 8:30 AM ET. Nowflation forecasts 3.82 percent YoY; the Cleveland Fed nowcasting model forecasts 3.74 percent — both clearly above the 3.7 percent threshold. The September 2026 prior reading was exactly 3.7 percent. Rising energy prices (Strait of Hormuz effectively closed since mid-October) and stable core inflation support a further uptick. An existing open platform prediction covers CPI >3.5%; this forecast raises the bar by 20 basis points. A miss would primarily require unexpected weakness in the energy component or food prices.
📈 Economy
✦ AI
Gold (XAU/USD) rose to $4,134.83 on 5 November 2026 — driven by the Democratic midterm sweep (higher fiscal spending expected) and persistent inflation pressure. Kalshi's Dec 31 settlement market shows ~32% probability for a close above $4,400 and ~43% for above $4,300. Reaching the $4,400 year-end target would require a further ~6.4% gain. Supporting factors: fiscal expansion, geopolitical risks, structurally high central bank demand; UBS forecasts $4,800, JPMorgan $6,000 at year-end. Headwind: hawkish Fed stance (Polymarket: 72.5% for a December rate hike to 4.00–4.25%). Prediction anchors on Kalshi's ~32% for >$4,400.
📈 Economy
✦ AI
Gold traded at approximately $4,130 per troy ounce on November 5, 2026 — a one-day gain of +1.68% (+$66) following the Democratic midterm sweep (Democrats won both the Senate and the House, per AP/NBC, November 5, 2026). Polymarket prices a 49% probability of gold exceeding $4,200 in November (as of November 5, 2026). The target is only 1.7% above today's closing level with 25 trading days remaining. Upside drivers: Iran de-escalation by new Democratic Congress, falling oil prices (WTI −1.13% to $87.13). Risk factors: profit-taking, rising real yields.