Inflation in Switzerland
In a nutshell
- Accommodative monetary policy has failed to weaken the Swiss franc considerably and prevent deflation.
- Negative interest rates following the 2008 great financial crisis have lowered the value of pensions.
- A minor correction is likely and will correct inflated asset prices.
Switzerland, a prosperous nation of 9 million people has experienced weak inflation for over a decade, while monetary policy has eroded consumer purchasing power and clouded the economic…