Swiss inflation falls again, pointing to more central bank rate cuts
Swiss inflation fell again in December, according to data on Tuesday, fuelling expectations for more interest rate cuts by the Swiss National Bank this year that markets now view as virtually certain.
Swiss Inflation Falls as SNB Mulls Further Rate Cuts
Inflation edged down to 0.6% in the final month of 2024, reinforcing the Swiss central bank’s decision to cut its key rate for the fourth-straight meeting last month.
Swiss Inflation Slows With More Central-Bank Easing Expected
Tuesday’s number marks the fourth month with inflation below 1%, bringing the average for 2024 as a whole to 1.1%. The SNB anticipates it will slow to just 0.3% in 2025 and 0.8% in 2026. That helps explain why policymakers surprised with a stronger-than-expected half-point rate cut last month, with economists expecting another reduction in March.
Acceleration In Eurozone Inflation Signals Slower ECB Rate Cuts
Euro area inflation accelerated for the third straight month to the fastest in five months in December, suggesting that the European
Eurozone inflation on track for ECB rate cuts this year
Services inflation rose in December to 4 per cent, constraining the doves at the next meeting in January Eurozone inflation data arrived as expected and will do little to change the rationale at the European Central Bank as it prepares for its next meeting at the end of January.
Euro-Zone Inflation Rebounds But Won’t Derail ECB Rate Cuts
Euro-area inflation accelerated last month, supporting the European Central Bank’s gradual approach to reducing interest rates, without derailing them altogether.
Eurozone inflation rises to 2.4%. What does that mean for the ECB’s rate cut plans?
Inflation in the Eurozone shot up to 2.4% in December, the third consecutive monthly rise, according to data from Eurostat. This is a steady climb from November’s revised 2.2% and September’s low of 1.
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