Reported 1 day ago
Swiss inflation eased to 0.6% in December, down from 0.7% in November, as consumer prices were influenced by cheaper holidays, medicines, and vegetables. This trend supports expectations for additional interest rate reductions from the Swiss National Bank, which forecasts inflation to slow to 0.3% in 2025. The central bank's proactive rate cut of half a point last month may lead to more adjustments, with potential sub-zero rates if necessary for maintaining price stability.
Source: YAHOO