50 Min Ago Swiss interest rates could dip into negative territory, analyst says A cup of coffee with a chocolate adorned with the Swiss cross is photographed in Lausanne, on October 24, 2024. Cocoa commodity prices skyrocketed earlier this year and have remained at significantly elevated levels due to a global cocoa shortage. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) A cup of coffee with a chocolate adorned with the Swiss cross is photographed in Lausanne, on Oct. 24, 2024. Fabrice Coffrini | Afp | Getty Images Commenting on Switzerland’s November inflation reading, Kyle Chapman, FX Markets Analyst at Ballinger Group, noted in emailed comments that the Swiss print was now lower than it was in June. “On a six-monthly basis, the Swiss economy has already slipped deep into deflation,” he said. “For that reason, a 50 basis points cut next week remains my call.” Chapman added that he saw the Swiss National Bank — which is due to revisit its monetary policy on Dec. 12 — bringing interest rates down to zero, or possibly into negative territory, by the end of 2025. “There are a lot of reasons to believe that inflation will remain subdued next year,” he said. “U.S. tariffs and political woes pose downside risks to growth in the eurozone, and rising safe haven demand and quicker rate cuts elsewhere should put a floor on the franc.” — Chloe Taylor 1 Hour Ago Annual Swiss inflation rises less than expected to 0.7% in November Switzerland’s inflation rate rose 0.7%