The Swiss National Bank has cut interest rates once again. It’s down by another quarter of a percent at 1.25%.
Switzerland is the first major country to start on a rate cutting programme. The decision shows the bank is confident inflationary pressures are easing.
Analysts were largely expecting a hold decision from the bank this time.
For the past year, inflation has been between the zero and 2% band - which the bank considers to be acceptable.
Thousands of Swiss nationals stuck in middle east
Bern says it’s not able to repatriate thousands of Swiss citizens who are either resident in the middle east - or stranded as their flights have been cancelled.
Anti-war demonstrators in Geneva
Around a hundred people gathered in Geneva yesterday evening to protest the war in Iran.
Parmelin signs EU deal
Swiss President Guy Parmelin met European Commission President Ursula von der Leyen in Brussels yesterday to advance a new package of bilateral agreements between Switzerland and the EU.
Parliament moves closer to end murder loophole
Switzerland is moving closer to abolishing the 30 year statute of limitations for murder.
Water worker buried alive
A worker has died after being buried alive in canton Fribourg.
Petition for quiet cars on trains
A woman from Biel in canton Bern has launched an online petition calling for quiet carriages in second class on Swiss trains.
