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Economy

The Swiss and euro-area economies: SNB and ECB policy, inflation, growth data and what they mean for rates and the franc.

ECB's Vujčić Outlines Case for Simplifying EU Bank Rules to Boost Competitiveness
Central BanksArticle

ECB's Vujčić Outlines Case for Simplifying EU Bank Rules to Boost Competitiveness

Speaking in Frankfurt, ECB Vice-President Boris Vujčić urged simpler regulatory frameworks and deeper financial integration to enhance European banking competitiveness.

2 Oct 2026
SNB holds policy rate at 0% as inflation eases and GDP growth stays strong
Central BanksArticle

SNB holds policy rate at 0% as inflation eases and GDP growth stays strong

The Swiss National Bank left its key rate unchanged, citing modest inflation pressure and robust Q2 GDP, while signalling readiness to intervene in foreign‑exchange markets.

SNB Holds Rates at Zero as Rate-Hike Speculation Stirs
Central BanksArticle

SNB Holds Rates at Zero as Rate-Hike Speculation Stirs

The Swiss National Bank kept its key rate at 0.00% and upgraded its inflation outlook, though economists are divided on when — or if — a rate hike will follow.

SNB maintains zero rates amid inflation concerns, defends UBS capital rules
Central BanksArticle

SNB maintains zero rates amid inflation concerns, defends UBS capital rules

Swiss central bank leaves key rate unchanged at 0%, rejects calls for rate hikes despite inflation pressures and franc weakness.

SNB Leaves Rates at 0% Amid Rising Swiss Inflation
Central BanksArticle

SNB Leaves Rates at 0% Amid Rising Swiss Inflation

Swiss central bank maintains benchmark rate at zero percent despite inflation pressures, citing energy price spikes as key driver.

SNB Holds Rates at 0% Amid Rising Inflation and Global Uncertainty
MacroArticle

SNB Holds Rates at 0% Amid Rising Inflation and Global Uncertainty

Swiss National Bank leaves policy rate unchanged at 0% while noting elevated inflation pressures and geopolitical risks.

Switzerland's SNB Keeps Rates at 0% Amid Global Tightening
Central BanksArticle

Switzerland's SNB Keeps Rates at 0% Amid Global Tightening

Switzerland's central bank defies global rate hikes, but markets expect a move by early 2027. The Swiss franc's strength and unique economic factors help keep inflation low.

Swiss Central Bank May Raise Rates as Inflation Outlook Improves: Swiss Life
Central BanksArticle

Swiss Central Bank May Raise Rates as Inflation Outlook Improves: Swiss Life

Chief economist Marc Brütsch says the SNB could lift its policy rate from zero, while jobless recovery and AI-driven labor shifts shape the economic outlook.

Euro area sovereign yields rise as French debt risk spikes
MacroArticle

Euro area sovereign yields rise as French debt risk spikes

French OAT yields hit 4.5% and CDS spreads surge to 2020 highs, while German yields stay near 3.2% after the ECB lifted rates to 2.5%, raising concerns over euro‑zone fiscal health.

FTSE 100 edges higher as UK borrowing data heightens Budget pressure
MacroArticle

FTSE 100 edges higher as UK borrowing data heightens Budget pressure

Sterling stabilizes and equities edge up as August public sector borrowing hits a record £18.3 billion, compressing Chancellor John Healey’s fiscal headroom ahead of the October Budget.

European Stocks Slide After ECB Lifts Rates to Highest Since April 2025
Central BanksArticle

European Stocks Slide After ECB Lifts Rates to Highest Since April 2025

STOXX 600 fell 0.7% as the European Central Bank raised its deposit rate by 25 basis points to 2.50%, while Brent crude breached $100 a barrel amid surging eurozone inflation.

Euro Yields Hold Multi-Year Peaks as Crude Surges Ahead of Central Bank Decisions
MacroArticle

Euro Yields Hold Multi-Year Peaks as Crude Surges Ahead of Central Bank Decisions

German bunds stay near 13-year highs as Brent crude jumps to $112 a barrel on Middle East tensions, with Fed and ECB policymakers bracing for fresh inflationary pressure.

Swiss Economic Calendar: SNB Policy Update, Federal Votes, Roche Pharma Day This Week
MacroArticle

Swiss Economic Calendar: SNB Policy Update, Federal Votes, Roche Pharma Day This Week

The Swiss National Bank will release its balance of payments and monetary policy assessment this week, alongside federal votes on Sep 27 and earnings from firms including Hilti, Hilti and Roche.

SMI Expected Higher After Tuesday Loss; Markets Await Fed Rate Call
MacroArticle

SMI Expected Higher After Tuesday Loss; Markets Await Fed Rate Call

The Swiss Market Index opens in positive territory ahead of a widely expected 25-basis-point rate hike by the US Federal Reserve, while oil retreats and crypto stocks stumble on regulatory headlines.

Swiss asking rents fall for first time in five years
MacroArticle

Swiss asking rents fall for first time in five years

Newhome data shows a 1.7% drop in national listing prices from July 2025 to July 2026, led by sharp declines in Ticino and Zurich.

SMI Expected Lower as Oil Above $100 Weighs on Global Markets
MacroArticle

SMI Expected Lower as Oil Above $100 Weighs on Global Markets

Swiss index slides amid rising oil, inflation fears; Meta surges on AI launch while Asian stocks dip.

Central banks face tricky calls as energy prices complicate inflation outlook
Central BanksArticle

Central banks face tricky calls as energy prices complicate inflation outlook

The ECB expects a September rate hike, but Fed policymakers are split on further moves, while the SNB sees room to hold steady.

Swiss Economic Calendar: Sep 10–17 Covers Earnings, Inflation Data and Policy Meetings
MacroArticle

Swiss Economic Calendar: Sep 10–17 Covers Earnings, Inflation Data and Policy Meetings

Switzerland's key economic releases include BFS inflation figures, Repower and Helvetia Baloise half-year results, OECD country report, and UBS banking-law testimony before the Council of States.

ECB, Fed, SNB Face Divergent Rate Paths as Energy Prices Complicate Outlook
Central BanksArticle

ECB, Fed, SNB Face Divergent Rate Paths as Energy Prices Complicate Outlook

Central banks navigate diverging inflation pressures and growth signals ahead of key September meetings in Frankfurt, Washington, and Bern.