While central banks across the eurozone and the United States continue to tighten their monetary reins, the Swiss National Bank (SNB) demonstrated calculated composure at its monetary policy assessment on September 24, 2026: the SNB policy rate remains unchanged at 0.00%, extending the zero-interest-rate regime established in June 2025. Yet this apparent standstill is deceptive. […]
International bond markets witnessed major monetary policy shifts in September 2026. On both sides of the Atlantic, leading central banks resumed or continued their policy-tightening trajectories. At its meeting on September 16, 2026, the US Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75% to 4.00%. This […]
How the Swiss Federal Supreme Court reshapes asset management and property transactions through BGE 147 III 14, renovation precedent 4A_75/2022, and the 2025 tenancy law reform. The Dilemma: Interest Rate Shifts, ESG Investments, and Statutory Rent Caps Across Zurich, Zug, Schwyz, Aargau, and Eastern Switzerland, owners and asset managers of investment properties face a severe […]
1. Low Taxes in Zug, Living in Zurich: A Popular SME Setup Under Scrutiny Establishing the registered office (statutarischer Sitz) of an operating or asset-managing corporation in low-tax cantons such as Zug or Schwyz—while the executive bodies or the sole shareholder reside in metropolitan cantons like Zurich or Aargau—has long served as an established corporate […]
— Zürich, 18. Februar 2024, FiPAX — Last month, the inflation development resembled a fluctuation between cold and hot. While inflation in Switzerland has remained steadily below 2% since June 2023, it stubbornly persists at a high level in the USA. The current inflation data presents a mixed picture: In Switzerland, the inflation rate stood […]
Inflation is expected to remain above the National Bank’s target for some time. Despite a recent significant decrease in inflation, it will continue to persist in Switzerland for an extended period. In Switzerland, price increases are expected to pick up slightly by the end of the year. Currently, the inflation rate stands at 1.6 percent. […]
— Zürich, August 4, 2023, FiPAX — Recently, the Bank of Japan (BoJ) has undertaken extensive purchases of Japanese government bonds. This has affected the trading and liquidity of these bonds on the stock exchange. Now, the BoJ is adjusting its monetary policy. As part of its loose monetary policy, the Bank of Japan (BoJ) […]
— Zürich, 3. August 2023, FiPAX — Inflation in Switzerland has once again slightly decreased in July. Import prices, in particular, have recently seen a significant drop. However, economists are not yet sounding the all-clear: Inflation has not been tamed completely. The annual inflation rate in July 2023 dropped to 1.6 percent from 1.7 percent […]
— Zürich, 13. July 2023, FiPAX — It is anticipated that global growth will decline from approximately 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. While the forecast for 2023 is slightly higher than what was projected in the April 2023 World Economic Outlook (WEO), it remains historically weak. The efforts […]
— Zürich, 18. April 2023, FiPAX — The Swiss economy appears to have made a splendid start to the year. In comparison to the previous quarter, there was a 0.5 percent growth in the Gross Domestic Product (GDP). The previous quarter had witnessed a stagnant Swiss GDP. Moreover, the growth was well-diversified across different sectors. […]