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Rising Swiss inflation will not derail rate cuts, economists say

Swiss annual inflation in April accelerated faster than expected, data from the Federal Statistics Office showed on Thursday, although economists said they still expected the Swiss National Bank.

Barbara lewisGianluigi mandruzzatoNoele illienDave grahamJohn revillStatistics officeSwiss national bankFederal statistics officeLuigi mandruzzatoAlessandro bee

Rising Swiss Inflation Will Not Derail Rate Cuts, Economists Say

Rising Swiss Inflation Will Not Derail Rate Cuts, Economists Say
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Switzerland generalJohn revillBarbara lewisGianluigi mandruzzatoDave grahamNoele illienStatistics officeSwiss national bankSwitzerland septemberFederal statistics officeLuigi mandruzzatoAlessandro bee

SNB Skips Second Payout in a Row as Record Loss Haunts Central Bank

SNB Skips Second Payout in a Row as Record Loss Haunts Central Bank
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Swiss National Bank dragged to annual loss by interest rate hit

ZURICH -The Swiss National Bank posted an annual loss of 3 billion Swiss francs for 2023 on Tuesday, as a result of interest rate hikes designed to combat inflation..

Alexander smithLinda pasquiniJohn revillAlessandro bee

SNB skips second payout in row as record loss haunts central bank

Switzerland will for the second time in a row not see any payout from its central bank, as the soaring franc counteracts gains on capital.

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