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Swiss National Bank expects slight increase in inflation
Published by Global Banking and Finance Review
Posted on October 22, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
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Published by Global Banking and Finance Review
Posted on October 22, 2025
1 min readLast updated: January 21, 2026
The Swiss National Bank anticipates a slight inflation rise, citing stable economic indicators and potential impacts from U.S. tariffs.
ZURICH (Reuters) -Swiss inflation is likely to rise slightly in the coming quarters, Swiss National Bank Chairman Martin Schlegel said on Wednesday, with economic indicators pointing to stable situation with moderate growth.
"Uncertainty remains high. With the announced but currently suspended U.S. tariffs on certain pharmaceutical products, the downside risks could increase somewhat," Schlegel said, according to slides prepared for an SNB event in Belp, central Switzerland.
The SNB will continue to monitor the situation and adjust its monetary policy if necessary to ensure price stability in the medium term, the slides said.
(Reporting by John Revill and Miranda Murray)
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power.
Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates to influence economic activity.
A central bank is a national institution that manages a country's currency, money supply, and interest rates.
Economic indicators are statistics that provide information about the economic performance of a country, such as GDP, unemployment rates, and inflation.
Financial stability refers to a condition where the financial system operates effectively and can withstand economic shocks.
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