US Government Moves $1 Billion in Bitcoin Amid Sale Speculation 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
David Schwartz to Reveal XRP Ledger Future at Ripple Swell 2026 
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households 
XRP Whale Activity Drops 27% in Eight Days Amid Market Sell-Off 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
Dogecoin Liquidations Surge as DOGE Bulls Face Heavy Losses 
Trump Demands Powell Resign Over Fed Renovation Cost Overruns 
DogecoinVM Makes DOGE Transactions 300x Faster 
Jameson Lopp Downplays AI Threat to Bitcoin Cryptography 
Solana Targets 200ms Block Time in Major Network Upgrade 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Add as a preferred source on Google
Swiss growth has surprised economists and analysts (including us), who expected a contraction in growth, slowdown in exports, weakness in manufacturing activity.
Latest data points, all positive, baffling everyone as the economy shows significant strength. Even latest PMI report showed expansion in the manufacturing sectors.
However, while economy shows strength, what baffling Swiss National Bank (SNB) policymakers is that inflation trajectory, which is showing no sign of rebound.
Blame it on whatever you like, lower oil price, weakness in commodities, weak domestic demand, stronger Franc....one thing is certain SNB is creating an image that it is out of tools or at wits end to revert deflation and risks deflationary expectations to set in, if it hasn't already.
While Swiss GDP was able to expand by 0.2%, for three months to June but inflation dropped by another -0.2% in August, down -1.4% from a year ago.
Recently SNB has stepped efforts to weaken Franc and we expect it continue such efforts more aggressively over the coming months.
Swiss Franc is currently trading at 0.976 against Dollar.
