If necessary, the SNB will adjust its monetary policy to ensure that inflation remains within the price stability range of 0% to 2% in the medium term. If necessary, the SNB is also prepared to remain active on the foreign exchange market.
More
More
A blessing and a curse: the strength of the Swiss franc
This content was published on
In times of crisis, international investors often bet on the Swiss franc. How has this reputation come about?
After the last monetary policy assessment, the choice of words was even clearer. At that time, it was stated that further interest rate cuts could be necessary in the coming quarters.
The underlying inflationary pressure has decreased again this quarter, according to the current interest rate move. With today’s easing of monetary policy, the SNB is taking this development into account.
The SNB had already lowered the key interest rate by 25 basis points in March, June and September. Previously, the central bank had raised the key interest rate from -0.75% in June 2022 to 1.75% in just five steps and then left it unchanged twice.
More
More
Swiss property market shows no signs of correction
This content was published on
The Swiss real estate market continues to show no signs of correction. In recent months, prices have continued to rise, while neighbouring countries such as Germany and France have seen considerable declines.
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Banking & Fintech
UBS releases ‘hundreds’ of staff in fresh wave of job cuts
Swiss army identifies gaps in civil aircraft collision warning system
This content was published on
The Cyber-Defence Campus of the Swiss defence ministry has found two vulnerabilities in the collision warning system for civil aviation.
Swiss parents rely on savings accounts for their children instead of investment funds
This content was published on
According to the survey, over 60% of parents start saving in the first year of life, and around 10% even before the child is born.
Half the Swiss army’s M113 armoured vehicles rehabilitated
This content was published on
Half of the Swiss army's 248 M113 grenadier armoured vehicles are back on the road after being temporarily decommisioned.
Voters in Zurich reject pay rise for local politicians
This content was published on
Local parliamentarians in Zurich will not receive a pay hike after 53.2% of voters in the city came out against the plan on Sunday.
Minimum wage narrowly rejected in canton Basel Country
This content was published on
The Unia trade union initiative had called for a minimum wage of CHF22 ($24.20) per hour for all employees working in the canton.
Bernese voters accept counter-proposal to solar initiative
This content was published on
In the Swiss canton of Bern, there will still be no solar obligation for roof renovations in the future, but there will be one for large car parks.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.