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.
Town gathers to mark fire victims
The people of Kerzers in Fribourg gathered in the town centre yesterday afternoon to mark the deaths of those killed in an horrific bus fire on Tuesday evening.
Nuclear power could return
Parliament seems to be turning back to nuclear power.
Valais village under rockfall fear
A rockfall is threatening another village - but it won't be buried, but flooded.
Migros loses millions on German venture
Swiss retail giant Migros is pulling out of Germany. It’s selling the Tegut Group, an organic supermarket chain with about 340 stores and more than 7,400 employees, mainly in central Germany.
Emergency roadside phones may go
Thousands of orange emergency call boxes along Switzerland’s autoroutes could soon disappear.
Fribourg bus fire kills 6
Another fire tragedy has struck Switzerland.
