This post was originally published on this site.SNB Governing Board member Petra Tschudin is commenting on the inflation and interest-rate outlook, with the central bank keeping the door open to negative rates if needed. At the same time, she cautions against interpreting the SNB’s inflation forecasts as a signal that rates will remain unchanged over the forecast horizon. Her key comments: Artificial intelligence can increase inflation in the short term. Swiss inflation is low because of low inflation expectations and the low weight of oil in the Swiss consumer basket. Ready to take interest rates below zero if necessary. The...

This post was originally published on this site.President Trump is looking to solve another problem – the rising cost of beef prices. He is solving the problem by getting rid of a tariff.  Trump in a TruthSocial post said:  Beef prices have moved sharply higher mainly because the U.S. cattle herd has been shrinking for years, leaving fewer cattle available for beef production just as consumer demand has remained strong. USDA says the herd is now around its lowest level in roughly 75 years. The latest numbers are striking. As of July 1, 2026, the U.S. had 94.2 million cattle and...