The IMF predicts Swiss economy to expand by 1.3% in 2024 and supports the Swiss rate cut due to inflation being in the target range. Switzerland's central bank was praised for lowering interest rates by the IMF. SNB's Schlegel calls for a review of UBS's capital requirements. The IMF urges tighter Swiss regulation following UBS's takeover of Credit Suisse.
IMF urges tighter Swiss regulation after UBS takeover of Credit Suisse https://t.co/3QjJseDygn
⚠️ SNB'S SCHLEGEL SEES NEED FOR ANALYSIS OF UBS'S CAPITAL REQUIREMENTS Full Story → https://t.co/SeMkv0iReY The Swiss National Bank's vice chairman called for an in-depth review of UBS's capital requirements in an interview with Swiss newspaper Finanz und Wirtschaft on…
Switzerland’s central bank was right to lower interest rates, IMF says https://t.co/jTqHS5lDnz via @bbenrath https://t.co/VmvHbYMm2k
Switzerland was right to lower interest rates, the IMF says, after last week's surprise move https://t.co/JAHYmS8yQ5
🔴 IMF: WE SEE THE SWISS ECONOMY EXPANDING 1.3% IN 2024.
🔴 IMF: THE SWISS RATE CUT WAS RIGHT AS INFLATION IS IN THE TARGET RANGE.