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.
Bern preparing for fuel shortages
Switzerland is bracing for possible fuel shortages after the closure of the Strait of Hormuz disrupted global oil supplies.
Switzerland becoming the new Dubai?
Switzerland is seeing increased interest from expatriates leaving Dubai amid tensions linked to the conflict with Iran, with the canton of Zug emerging as a key destination.
Court slams deportation decision - man dead
A deportation case is sparking controversy after the death of a 29 year old Ukrainian man who was returned from Zurich to a war zone.
Housing scam rampant
Police are warning of increasingly sophisticated rental scams targeting people searching for housing online.
Asylum applications could be carried out abroad - but will be difficult
A new government report says asylum applications carried out abroad would be legally possible, but difficult to implement.
Move to allow cancer survivors to refresh health insurance
Cancer survivors could soon gain stronger protection when applying for private insurance.
