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.
Shooting in Annemasse
A 25-year-old man has died after being shot on a café terrace in Annemasse's Perrier district late on Sunday night
Possible increase in military aircraft
The SVP and the PLR are pushing to expand Switzerland's F-35 order from thirty to thirty-six aircraft, at an added cost of CHF 650 million
Smoke related health risk
Geneva’s World Meteorological Organization warns today that wildfire smoke has become a major global health risk — and that current mortality models may under-count deaths from it by as much as 93%
High rental prices creep over the border
There is "nothing to rent" in Annemasse — unless you are paid in Swiss francs
Big change in the weather on the way
Switzerland is about to swap late-summer for autumn almost overnight
Another important vote looms
Geneva voters will decide on 27 September whether to spend CHF 39.5 million on transport projects across the border in France
