The Swiss National Bank has surprised the markets by slashing interest rates by half a percent.
Many analysts were expecting a cut just a quarter of a percent.
Inflation is still low which gives the bank more freedom to reduce rates.
The move will also help the soaring franc which is harming exporters.
The franc fell on the currency markets after the news and shares prices rallied in Zurich.
Shock neck and neck opinion poll result
Voters are heading for a tight decision on immigration.
EU backs major unemployment benefit change
EU member states are backing a reform that could reshape unemployment benefits for frontaliers with significant financial implications for Switzerland.
Switzerland faces summer drought
Switzerland is facing a rapidly worsening drought, with eastern regions and northern Ticino now at high risk of forest fires.
Geneva migrants having to leave accomodation ahead of G7
Canton Geneva is having to find new accommodation for hundreds of migrants because of the upcoming G7 meeting.
US blames retail duopoly for difficult trade talks
Washington is turning up the heat on Switzerland in a growing trade dispute - blaming the retail duopoly of Migros and Coop.
Pension details to be online
Switzerland is moving to modernise its social insurance system.
