Early interest rate turnaround in Switzerland

Gross domestic product (GDP) is the monetary value of all goods and services produced within a country's borders over a given period of time.

 

CHF is the currency code for the Swiss franc.

 

EUR is the currency code for the Euro.

 

The European Central Bank (ECB) is the central bank of the Eurozone.

 

The Federal Reserve (Fed) is the central bank of the USA.

 

The G10 includes Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States.

 

Core Inflation is an economic concept for measuring inflation that does not take into account changes in the price of certain goods. The core inflation rate excludes food and energy prices from the calculation, as these are more subject to fluctuations whose causes cannot be found within the economy under consideration.

 

The Swiss National Bank (SNB) is the central bank of Switzerland.

 

As a blue chip index, the Swiss Market Index (SMI) is the most important stock index in Switzerland.

 

In finance, a swap is the Anglicism for derivative financial instruments whose commonality is the exchange of future cash flows.

 

USD is the currency code for the U.S. Dollar.

 

The Consumer Price Index (CPI) measures the price of a basket of products and services based on typical household consumption.

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