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 Central Bank Sees Record Profit After Big Losses
The Swiss central bank said on Thursday it expects to post a record profit for 2024, boosted by a stock market rally and gold after two years of losses.
Swiss Inflation Slows With More Central-Bank Easing Expected
“The decline in core and headline inflation in the last month of 2024 — despite upward pressures from energy — confirms the weakness in Switzerland’s underlying price gains. There’s more to come going into 2025, when we expect energy contributions to turn sharply negative — we see the headline reading dropping to 0.2% in January.”
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.
Ghana Inflation at Eight-Month High Reduces Prospect of Rate Cut
Ghana’s annual inflation rate climbed to its highest level in seven months in December, reducing the prospects of an interest-rate cut later this month.
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.
Swiss central bank sees 2024 profit at record $88 billion as gold, stock prices jump
The Swiss National Bank will likely report a record full-year profit of around 80 billion Swiss francs ($87.79 billion) for ...
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.
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 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 ...
Artists find a green, glowing mushroom in a Swiss forest
The lush forests of Switzerland are not the first place that bioluminescent organisms come to mind. However, a forest in a ...
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French-Swiss archaeology team discovers stunning tomb of renowned wizard-doctor in Egypt
In a spellbinding discovery, a French-Swiss team archaeological team in Egypt has uncovered the tomb of a multi-talented wizard-doctor who served the pharaohs approximately 4,000 years ago.
CES 2025: LG's Swiss-army-knife projector hides in plain sight
Companies have been smashing together multiple gadgets into one product for a long time, and there are plenty of examples at ...
Australia's Rottnest Island plane crash: Swiss, Danish tourists among three dead
A light aircraft crashed near Rottnest Island off the Western Australian city of Perth killing two tourists from Switzerland ...