Economy News Switzerland Becomes First Major Economy To Cut Interest Rates In Surprise Move
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Swiss Economy Contracts as Central Bank Weighs Negative Rates
GDP declined 0.5% in the third quarter as U.S. tariffs kicked in. The reading raises pressure on the Swiss central bank to cut rates below zero. Read More
Swiss Economy Contracts as SNB Weighs Up Negative Rates -- Update
Switzerland's economy contracted in the third quarter of the year as sky-high U.S. tariffs kicked in, a result that raises pressure on the country's central bank to cut interest rates below zero. Read More
Switzerland Reaches Agreement With U.S. to Cut Tariff to 15%
The deal would reduce an extraordinarily high tariff rate of 39 percent that had threatened to cripple Swiss exports. Read More
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