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.