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Switzerland Hits 0% Inflation, Rate Cut Possible Soon

5/6/2025

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Summary

Story summary

In April, Switzerland experienced a remarkable halt in inflation at 0%, the lowest level since March 2021, largely due to falling food and transport prices. With inflation consistently below target since mid-2023, the Swiss National Bank is poised to consider a rate cut at its upcoming June 19 meeting, while the Swiss franc continues to gain strength against major currencies.

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Story summary

In April, Switzerland experienced a remarkable halt in inflation at 0%, the lowest level since March 2021, largely due to falling food and transport prices. With inflation consistently below target since mid-2023, the Swiss National Bank is poised to consider a rate cut at its upcoming June 19 meeting, while the Swiss franc continues to gain strength against major currencies.