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Switzerland navigates own course through inflation maze

Switzerland navigates own course through inflation maze

Various central banks must pick a different path through the maze of inflation. KEYSTONE Central banks around the world are keeping savers and homeowners guessing about interest rates. Switzerland broke ranks with a drop in rates in March, from 1.75% to 1.5%. But predicting the future direction of interest rates is made more difficult by...

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SNB president says stronger Swiss franc painful for companies – SWI swissinfo.ch

SNB president says stronger Swiss franc painful for companies – SWI swissinfo.ch

Despite the pain for companies, Switzerland should nonetheless escape relatively unscathed, declared Swiss National Bank President Thomas Jordan on Tuesday. © Keystone / Anthony Anex A stronger franc has helped dampen inflation in Switzerland but has also been painful for domestic companies, according to Swiss National Bank President Thomas Jordan. This content was published on...