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Swiss National Bank, Inflation and interest rate
Swiss inflation falls again, pointing to more central bank rate cuts
Swiss inflation fell again in December, according to data on Tuesday, fuelling expectations for more interest rate cuts by the Swiss National Bank this year that markets now view as virtually certain.
Swiss Inflation Falls, Supporting SNB Rate Cut
Inflation edged down to 0.6% in the final month of 2024, reinforcing the Swiss central bank’s decision to cut its key rate for the fourth-straight meeting last month.
Swiss Inflation Slows With More Central-Bank Easing Expected
Tuesday’s number marks the fourth month with inflation below 1%, bringing the average for 2024 as a whole to 1.1%. The SNB anticipates it will slow to just 0.3% in 2025 and 0.8% in 2026. That helps explain why policymakers surprised with a stronger-than-expected half-point rate cut last month, with economists expecting another reduction in March.
2h
on MSN
Swiss bank Julius Baer to sell Brazilian business
Swiss bank Julius Baer said on Tuesday it will sell its Brazilian domestic wealth management business to Banco BTG Pactual ...
17h
Swiss Insurer Helvetia Said to Mull Sale of German Unit
Helvetia Holding AG is considering a sale of its loss-making German insurance operations, according to people familiar with ...
6d
on MSN
Swiss flight attendant dies week after smoke forced plane's emergency landing
"We are devastated at our dear colleague's death," Swiss Chief Executive Officer Jens Fehlinger said in a statement.
4d
on MSN
Swiss Flight Attendant Dies 1 Week After Plane Makes Emergency Landing Over Smoke in Cabin
The Airbus A220-300 was diverted to Austria on Dec. 23 "after engine problems occurred" and smoke filled the cabin, according ...
6d
SWISS to probe engine damage and crew equipment after fatal incident
A spokeswoman for SWISS, a subsidiary of Germany's Lufthansa airline, said on Tuesday that an abrupt engine failure and smoke ...
13d
Swiss Olympic snowboarder dies in avalanche at 26 years old
Hediger's death came less than four years after another Olympic snowboarder died in the Swiss Alps during an avalanche. In ...
Aviation Week
4d
Swiss A220 Fleet Will Continue To Operate After Deadly Smoke Incident
Swiss International Air Lines will continue to operate its Airbus A220 fleet following an emergency landing related to an ...
1d
Swiss ‘burqa ban’ comes into effect: Why did the country ban face coverings
In Switzerland, while almost no one wears burqa, only about 30 women wear the niqab, according to research by the University ...
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