The Swiss franc appreciated by 10% against the dollar, triggering deflationary pressures and possible key interest rate cuts by the Swiss National Bank

<p>In recent weeks, the Swiss franc has gained 10% against the US dollar amid global trade uncertainties, raising concerns for Swiss authorities. This appreciation has led to negative inflation in Switzerland, with a falling price index affecting the cost of imported goods. The Swiss National Bank is expected to cut its key interest rate and could return to negative interest rates.