Tag Archives: USD/CHF
SNB Cuts Interest Rates Once More, Franc Takes a Breather
In June 2024, the Swiss National Bank (SNB) decided to lower the primary policy rate by 0.25 percentage points, settling it at 1.25%. Such action aligned with the financial market’s expectations and mirrored the bank’s previous move at its earlier meeting. The decision stemmed from a diminishment in the core inflation pressures and the robustness […]
Switzerland Tops Euro Nations With Remarkable Inflation Rate
Inflation Rate Remains Unchanged at 1.7% Switzerland stands out as a beacon of stability and resilience. In October 2023, the annual inflation rate in Switzerland remained steady at 1.7%, meeting market predictions. There was a 0.1% increase in the Consumer Price Index (CPI) compared to the previous month, reversing a 0.1% decline. Several factors contributed […]
