---
title: "Central banks: Fed and SNB update"
description: The US Federal Reserve held its target range for the Fed Funds rate unchanged yesterday, as widely expected, and the SNB -- one last cut, likely done in a highly uncertain environment.
---

[Fast food for thought](https://blog.syzgroup.com/fast-food-for-thought)

# [Central banks: Fed and SNB update](https://blog.syzgroup.com/fast-food-for-thought/central-banks-fed-and-snb-update)

 Written by [Adrien Pichoud](https://blog.syzgroup.com/fast-food-for-thought/author/adrien-pichoud) | Mar 20, 2025, 4:09:00 PM

<https://blog.syzgroup.com/hubfs/Syz-Flash_2025-03-20_Fed-BNSb.pdf?hsLang=en>

[View full post](https://blog.syzgroup.com/fast-food-for-thought/central-banks-fed-and-snb-update)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Adrien Pichoud"
  },
  "dateModified" : "2025-03-20T16:12:36.881Z",
  "datePublished" : "2025-03-20T16:09:00Z",
  "headline" : "Central banks: Fed and SNB update",
  "image" : {
    "@type" : "ImageObject",
    "height" : 733,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/flash.png",
    "width" : 1217
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/fast-food-for-thought/central-banks-fed-and-snb-update",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Fast food for thought"
  }
}
```