The SNB has decided to cut its benchmark interest rate to zero, a 25 basis point adjustment, in response to falling inflation and economic uncertainties stemming from US trade policy. This is the sixth interest rate cut since March 2024 as central banks move closer to returning to negative interest rates. SECO also revised its economic growth forecast, anticipating a slower advance in the coming years due to the impact of the trade war on Swiss exports.
Sources
Latest News
10:35
INS: The manufacturing industry recorded a 3% decrease in new orders in the first six months of 2026
10:33
The interim Minister of Labor, Dragoș Pîslaru, announced that the Ministry of Finance will evaluate the extension of the health insurance contribution for pensioners with pensions over 3,000 lei.
10:09
Russian attack at the border of the Republic of Moldova. A crossing point has suspended its activity.
09:55
August 25, 2026. TV: What was discussed last night on the news channels
09:51
Union protests today, in front of the Ministry of Labor. Increasing the minimum wage and unblocking collective negotiations, among the demands.
See more news