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NEWS

NEWS
Unemployment Rate in Switzerland at 3.1% for June

Unemployment Rate in Switzerland at 3.1% for June

09 July 2021

SECO has informed that for June the unemployment rate hit 3.1%, which means situation is quite stable, same as inflation that is expected to get anchored at 1% in long perspective.

Swiss Federal Budget for 2022 to Close with Surplus

Swiss Federal Budget for 2022 to Close with Surplus

06 July 2021

Swiss federal government announced budget for 2022, which will close with a structural surplus of 0.6 billion Swiss francs.

SNB:No Change in Policy, No Plans for Digital Currency

SNB:No Change in Policy, No Plans for Digital Currency

29 June 2021

The Swiss National Bank has not yet started to reduce its balance sheet, as it claims its expansive monetary policy is necessary. Also, no plans for implementing digital currency are on cards.

IMF Says Switzerland Did Well During Pandemic

IMF Says Switzerland Did Well During Pandemic

23 June 2021

The International Monetary Fund (IMF) has stated that Switzerland managed the pandemic crisis very well with monetary policy and economic support measures.

SNB Revises Inflation Forecast Upward; Has No Plans to Change its Policy

SNB Revises Inflation Forecast Upward; Has No Plans to Change its Policy

17 June 2021

The SNB has revised upward inflation forecast for 2021, but has no plans to change its monetary policy. Negative interest rates will stay for now.

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