Swiss National Bank releases Q1 2025 Quarterly Bulletin
The SNB’s first quarterly report of 2025 outlines monetary policy stance, inflation outlook, and economic assessments for Switzerland.
The Swiss National Bank published its Quarterly Bulletin for the first quarter of 2025, detailing its assessment of the Swiss economy, inflation trends, and monetary policy decisions.
The report provides an analysis of recent economic developments in Switzerland, including growth indicators, labor market conditions, and price dynamics. It also includes the SNB’s updated inflation projections, which remain a key input for its policy stance.
The Quarterly Bulletin highlights the central bank’s continued monitoring of global economic conditions and their potential impact on the Swiss economy. It notes that while inflation has moderated, risks to price stability persist amid geopolitical uncertainties and supply chain pressures.
The document also features contributions from SNB economists on topics such as financial stability, housing market trends, and the implications of digital innovation in banking. The report is intended for policymakers, analysts, and market participants seeking deeper insights into the SNB’s decision-making framework.
The Quarterly Bulletin is available on the SNB’s official website and is published in English, German, French, and Italian.
Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.
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