Group 1 - Switzerland's inflation has shown positive growth for the third consecutive month, with the August CPI rising by 0.2% year-on-year, consistent with previous values [1][3] - The core CPI, excluding volatile items like energy, increased by 0.7% year-on-year, slightly lower than the previous 0.8% [1][3] - August is a critical month for rent adjustments in Switzerland, contributing to the overall inflation rate increase [3] Group 2 - The recent inflation data may alleviate pressure on the Swiss National Bank (SNB) to cut interest rates again, especially amid threats of high tariffs from the U.S. [3] - The SNB's Deputy Governor indicated that there are no signs of deflation risks at this stage, and inflation is expected to rise in the coming quarters [3] - Economists predict a slight rebound in overall inflation in Switzerland, hovering around 0.5% in the coming months, while still within the SNB's target range of 0-2% [3] Group 3 - The SNB has lowered interest rates by 25 basis points to 0% in June, marking the sixth consecutive rate cut since March 2024 [4] - The current zero interest rate level complicates the SNB's decision-making, with officials indicating that reintroducing negative rates would require a higher threshold than normal rate cuts [4] - Market pricing suggests that the SNB will maintain the policy rate at the current level until next year [4]
瑞士8月通胀温和增长缓解央行决策压力 关税冲击下9月或按兵不动
智通财经网·2025-09-04 08:17