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Switzerland's Inflation Steady at 0.2% as US Payrolls Plunge

10/7/2025

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Story summary
  • Switzerland's inflation held at 0.2% in September 2025 for three straight months.
  • The Swiss National Bank paused after six rate cuts, keeping policy rate at zero.
  • United States dollar/Swiss franc (USD/CHF) traded around 0.7950, reflecting inflation expectations and a weaker dollar amid shutdown.
  • US private payrolls fell by 32,000 in September, the largest drop since March 2023, amid shutdown delays.