NEWS
Unemployment Rate in Switzerland at 3.1% for June
09 July 2021SECO 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
06 July 2021Swiss 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
29 June 2021The 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
23 June 2021The 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
17 June 2021The SNB has revised upward inflation forecast for 2021, but has no plans to change its monetary policy. Negative interest rates will stay for now.