Swiss inflation falls again, pointing to more central bank rate cuts
Swiss inflation fell again in December, according to data on Tuesday, fuelling expectations for more interest rate cuts by the Swiss National Bank this year that markets now view as virtually certain.
Swiss Inflation Slows With More Central-Bank Easing Expected
“The decline in core and headline inflation in the last month of 2024 — despite upward pressures from energy — confirms the weakness in Switzerland’s underlying price gains. There’s more to come going into 2025, when we expect energy contributions to turn sharply negative — we see the headline reading dropping to 0.2% in January.”
Swiss Central Bank Sees Record Profit After Big Losses
The Swiss central bank said on Thursday it expects to post a record profit for 2024, boosted by a stock market rally and gold after two years of losses.
Acceleration In Eurozone Inflation Signals Slower ECB Rate Cuts
Euro area inflation accelerated for the third straight month to the fastest in five months in December, suggesting that the European
Ghana Inflation at Eight-Month High Reduces Prospect of Rate Cut
Ghana’s annual inflation rate climbed to its highest level in seven months in December, reducing the prospects of an interest-rate cut later this month.
Eurozone inflation on track for ECB rate cuts this year
Services inflation rose in December to 4 per cent, constraining the doves at the next meeting in January Eurozone inflation data arrived as expected and will do little to change the rationale at the European Central Bank as it prepares for its next meeting at the end of January.
Swiss Inflation Falls as SNB Mulls Further Rate Cuts
Inflation edged down to 0.6% in the final month of 2024, reinforcing the Swiss central bank’s decision to cut its key rate for the fourth-straight meeting last month.
Euro-Zone Inflation Rebounds But Won’t Derail ECB Rate Cuts
Euro-area inflation accelerated last month, supporting the European Central Bank’s gradual approach to reducing interest rates, without derailing them altogether.
Swiss central bank sees 2024 profit at record $88 billion as gold, stock prices jump
The Swiss National Bank will likely report a record full-year profit of around 80 billion Swiss francs ($87.79 billion) for ...
Swiss flight attendant died due to 'severe lack of oxygen' after the plane filled with smoke
The 23-year-old flight attendant was working on Swiss Flight 1885 when it encountered an engine problem and filled with smoke ...
Swiss Insurer Helvetia Said to Mull Sale of German Unit
Helvetia Holding AG is considering a sale of its loss-making German insurance operations, according to people familiar with ...
Australia's Rottnest Island plane crash: Swiss, Danish tourists among three dead
A light aircraft crashed near Rottnest Island off the Western Australian city of Perth killing two tourists from Switzerland ...
Artists find a green, glowing mushroom in a Swiss forest
The lush forests of Switzerland are not the first place that bioluminescent organisms come to mind. However, a forest in a ...
Mark Zuckerberg wears rare $900K Swiss watch to reveal major shift on Meta’s free speech: report
As he argued that content moderation on Facebook and Instagram has “gone too far,” Meta’s Mark Zuckerberg sported an ...
Swiss flight attendant dies week after smoke forced plane's emergency landing
"We are devastated at our dear colleague's death," Swiss Chief Executive Officer Jens Fehlinger said in a statement.
Broncos Predicted to Trade for $40 Million ‘Swiss Army Knife’
The Denver Broncos could make a trade to reunite head coach Sean Payton with New Orleans Saints do-it-all star Taysom Hill.
Euronews5h
French-Swiss archaeology team discovers stunning tomb of renowned wizard-doctor in Egypt
In a spellbinding discovery, a French-Swiss team archaeological team in Egypt has uncovered the tomb of a multi-talented wizard-doctor who served the pharaohs approximately 4,000 years ago.