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Swiss Government Sees Sharp Drop in Inflation Rate Next Year

Swiss Government Sees Sharp Drop in Inflation Rate Next Year

(Bloomberg) — Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut interest rates again when officials meet next week. Consumer prices will grow at an annual 1.2% in 2024 and 0.7% in the following year, the State Secretariat for Economic Affairs said on Thursday. That’s down...