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.
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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.