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SWISS

Swiss Inflation Rate Hits 3-Year Low
Thursday, 3 October 2024 21:26 WIB | Root

The annual inflation rate in Switzerland decelerated to 0.8% in September 2024, compared to market estimates and August’s 1.1%. This marks the lowest level since September 2021 and the first time inflation has fallen below 1% since then. Main downward pressures came from the ongoing deflation for...

SNB Cuts Rate Again to Aid Economy and Stem Gains in the Franc
Thursday, 20 June 2024 21:23 WIB | Root

The Swiss National Bank cut borrowing costs again to loosen constriction on the economy and stem gains in the franc, a move that contrasts with the hesitancy of global peers over easing. Officials in Zurich lowered their benchmark by 25 basis points to 1.25% on Thursday after...

Swiss Inflation Unexpectedly Slows, Backing Case for SNB Pause
Monday, 4 December 2023 21:26 WIB | Root

Swiss inflation unexpectedly slowed to a two-year low, adding to the case for Swiss National Bank officials to keep borrowing costs steady when they meet next week.  Consumer prices rose 1.4% in November from a year earlier, the weakest since October 2021. That was lower...


Australia jobs report preview: Unemployment rate set to edge lower as job creation recovers
Thursday, 14 August 2025 06:02 WIB

Australia will release its July monthly employment report on Thursday at 1:30 GMT, following the Reserve Bank of Australia (RBA) decision to trim...

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European Stocks Close Sharply
Wednesday, 13 August 2025 23:51 WIB

European stocks closed sharply higher on Wednesday, their highest in two weeks as the outlook of lower interest rates in the United States and the...

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Bessent Urges Fed to Start Steep Rate Cuts in September
Thursday, 14 August 2025 08:43 WIB

U.S. Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be 1.5 to 1.75 percentage points lower than current...

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Fed's Barkin: Consumers Can Curb Tariff-Driven Inflation
Wednesday, 13 August 2025 21:54 WIB

Richmond Fed President Thomas Barkin believes that consumer spending behavior—now increasingly selective and inclined to "trade down"—can mitigate...

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