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Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc By John Revill ZURICH (Reuters) -Swiss inflation eased to its lowest level in two-and-a-half years in March, pushing the Swiss franc lower on market expectations that the reading almost guarantees another interest rate cut by the country's…

Pound Sterling Surges to 1.2890 Against U.S. Dollar on Increased FED Hike Bets | Currency News UK

(Bloomberg) — Thomas Jordan will leave the Swiss National Bank later this year after more than a decade as president, ending an era where his institution was at the heart of currency and banking turmoil that rippled around the world. Switzerland’s longest-serving central bank chief, the 61-year-old native of Biel in the country’s northwest will…

Swiss inflation unexpectedly eased in January, a development that could open the door to earlier rate cuts at the Swiss National Bank.

Inflation unexpectedly eased in January, a development that could open the door to earlier rate cuts at the Swiss National Bank (SNB).

Analysis-Swiss franc shines as investors scramble for safe assets By Naomi Rovnick and John Revill LONDON/ZURICH (Reuters) – The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens left, as high-for-longer U.S. rate expectations batter government bonds and the yen. Enter the Swiss franc, […]

The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens left, as high-for-longer U.S. rate expectations batter government bonds and the yen. Enter the Swiss franc, a longstanding safe haven asset thatjust hit its highest level against the euro since 2015, standing tall as its traditional rivals lose appeal. "Markets are caught between a rock and a hard place, with a surge in risk aversion where bonds provi...

The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens left, as high-for-longer U.S. rate expectations batter...

The longstanding safe haven asset is standing tall as its traditional rivals lose appeal

Antoine Martin, an official at the New York Federal Reserve, will become the Swiss National Bank’s (SNB) newest interest-rate setter next year.