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The annual inflation rate in Switzerland fell to 1.3% in January from 1.7% the previous month, marking the lowest reading in since October 2021, according to the country’s Federal Statistical Office. This has led to analyst predictions that the Swiss National Bank (SNB) might lower interest rates in March. According to Bloomberg, the price drops were unexpected, especially since Switzerland regulates many prices. “The SNB is unlikely to declare victory yet as domestic products increased by 0.6% month-on-month and 2.0% year-on-year,” Karsten Junius, an economist at J.Safra Sarasin, said. “That …

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