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 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.
Acceleration In Eurozone Inflation Signals Slower ECB Rate Cuts
Euro area inflation accelerated for the third straight month to the fastest in five months in December, suggesting that the European
Eurozone inflation on track for ECB rate cuts this year
Services inflation rose in December to 4 per cent, constraining the doves at the next meeting in January Eurozone inflation data arrived as expected and will do little to change the rationale at the European Central Bank as it prepares for its next meeting at the end of January.
Euro-Zone Inflation Rebounds But Won’t Derail ECB Rate Cuts
Euro-area inflation accelerated last month, supporting the European Central Bank’s gradual approach to reducing interest rates, without derailing them altogether.
Swiss Inflation Falls as SNB Mulls Further Rate Cuts
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.
Eurozone inflation rises to 2.4%. What does that mean for the ECB’s rate cut plans?
Inflation in the Eurozone shot up to 2.4% in December, the third consecutive monthly rise, according to data from Eurostat. This is a steady climb from November’s revised 2.2% and September’s low of 1.
Mark Zuckerberg wears rare $900K Swiss watch to reveal major shift on Meta’s free speech: report
As he argued that content moderation on Facebook and Instagram has “gone too far,” Meta’s Mark Zuckerberg sported an ...
Swiss bank Julius Baer sells Brazil wealth business to BTG Pactual
Julius Baer said on Tuesday it had agreed to sell its Brazilian domestic wealth management business to Banco BTG Pactual, ...
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 ...
Swiss company pioneers E-SKIMO, the world’s first battery-powered uphill ski
Swiss company E-Outdoor unveiled at CES the world’s first electric-assisted solution for effortless uphill climbs and ...
Swiss Market Ends On Strong Note After Inflation Data
The Switzerland market closed on a strong note on Tuesday with stocks shrugging off early weakness and gaining in strength as the day ...
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 ...
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.
Smithsonian Magazine on MSN5h
See How Basquiat’s Travels to the Swiss Alps Influenced His Artistic Development
A new exhibition in Switzerland examines the New York City artist's lesser-known fascination with pine trees and snowy ...
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 ...
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 ...