- Switzerland, SNB decision. Actual: 1.25%. Forecast: 1.25%. Previously: 1.5%.
- SNB SEES 2024 INFLATION AT 1.3% (PREVIOUS FORECAST WAS FOR 1.4%).
- SNB SEES 2025 INFLATION AT 1.1% (PREVIOUS FORECAST WAS FOR 1.2%).
- SNB SEES 2026 INFLATION AT 1% (PREVIOUS FORECAST WAS FOR 1.1%)
The decision was not so obvious, as the consensus of many analysts was to keep rates unchanged. Source: SFSO

The rate cut and revised inflation forecasts for the coming years are triggering a pullback on the CHF. Source: xStation

Morning wrap (26.11.2025)
Daily summary: U.S. indices rise as the dollar softens ahead of the Thanksgiving holiday 🗽
EURUSD gains 0.4% rebounding from important support zone 📈
BREAKING: US Consumer Confidence and Richmond Fed much weaker than expected 📌