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<div class=" border m-0 p-2 bg-light"> By <span id="ctl00_CPI_spnAuthor" class="spn-artdate fs-6"><a href="https://www.rttnews.com/author/renju-jaya.aspx" target="_blank">Renju Jaya</a>
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<p> The Organisation for Economic Co-operation and Development said the Swiss economic growth is set to pick up next year but cited geopolitical tensions, shifts in trade patterns and tight financing conditions as challenges to
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<p>In the OECD Economic Survey of Switzerland, the agency said the <span class="landLinks"><a href="https://www.rttnews.com/Content/EconomicNews.aspx">economy</a></span> will grow moderately by 0.9 percent this year before picking up to
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<p>Inflation is forecast to climb temporarily again above 2 percent over the course of 2024, pushed up by rent and electricity price increases and changes to value-added tax rates. </p>
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<p>The OECD observed that the fiscal position of the nation is solid. Addressing growing spending pressures from population ageing and the green transition would help to ensure fiscal sustainability, said OECD. </p>
<p>Further, the agency noted that with a dynamic economy, a highly skilled workforce and prudent macroeconomic policies, unemployment and inflation are low and living standards are among the highest in the OECD. </p>
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<div class="card-header"> Global Economics Weekly Update - December 16 - 20, 2024 </div>
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<p class="card-text fs-6 pt-3"><span class="spn-artdate">December 20, 2024 12:34 ET </span><br>A busy week for economics news with several central banks announcing interest rate decisions and many countries releasing key economic data
ahead of the holidays. The Federal Reserve policy announcement was the highlight as well as the latest set of GDP figures for the U.S. economy. Central banks of Japan and the U.K. were also in focus as they revealed their policy
decisions and future rate paths. On the data front, several indicators out of China threw light on the state of the economy.</p>
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ECONOMY AND THE NUMBERS
OECD EXPECTS SWISS GROWTH TO PICK UP IN 2025
By Renju Jaya ✉ | Published: 3/14/2024 8:36 AM ET |
The Organisation for Economic Co-operation and Development said the Swiss
economic growth is set to pick up next year but cited geopolitical tensions,
shifts in trade patterns and tight financing conditions as challenges to growth.
In the OECD Economic Survey of Switzerland, the agency said the economy will
grow moderately by 0.9 percent this year before picking up to 1.4 percent in
2025.
Inflation is forecast to climb temporarily again above 2 percent over the course
of 2024, pushed up by rent and electricity price increases and changes to
value-added tax rates.
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The OECD observed that the fiscal position of the nation is solid. Addressing
growing spending pressures from population ageing and the green transition would
help to ensure fiscal sustainability, said OECD.
Further, the agency noted that with a dynamic economy, a highly skilled
workforce and prudent macroeconomic policies, unemployment and inflation are low
and living standards are among the highest in the OECD.
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Global Economics Weekly Update - December 16 - 20, 2024
December 20, 2024 12:34 ET
A busy week for economics news with several central banks announcing interest
rate decisions and many countries releasing key economic data ahead of the
holidays. The Federal Reserve policy announcement was the highlight as well as
the latest set of GDP figures for the U.S. economy. Central banks of Japan and
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* Editor's Pick
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* FedEx Stock Up On Freight Spin Off, Despite Weak Earnings, Outlook Cut
December 20, 2024 05:31 ET
* Darden Restaurants Lifts FY25 Sales Forecast After Q2 Beats Market; Stock
Climbs December 19, 2024 09:04 ET
* PepsiCo's Frito-Lay Recalls Lay's Classic Potato Chips December 19, 2024
02:14 ET
* General Mills Cuts FY25 View Despite Q2 Above Market; Stock Drops December
18, 2024 08:25 ET
* SoftBank's $100 Bln Pledge In US To Create 100K AI, Infrastructure Jobs
December 17, 2024 08:26 ET
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Trial Of Sevasemten December 16, 2024 08:51 ET
* Novo Nordisk's CagriSema Shows Superior, But Lower-than-expected Weight Loss
In Obesity; Stock Drops December 20, 2024 07:21 ET
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TN-201 December 17, 2024 08:04 ET
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$16.1 Mln Private Placement December 19, 2024 11:25 ET
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08:34 ET
* BD Agrees To Pay $175 Mln To Settle With SEC Over Alaris System Investigation
December 16, 2024 19:47 ET
* Vertex' Trikafta Gets Expanded FDA Approval For Cystic Fibrosis Treatment
December 20, 2024 16:42 ET
* Merck Enters Into Exclusive Global License Agreement With Hansoh Pharma For
HS-10535 December 18, 2024 07:28 ET
* Basilea Collaborates With Innoviva Specialty Therapeutics For
Commercialization Of Zevtera In The US December 16, 2024 01:25 ET
* Mortgage Rates Increase After Three Consecutive Weeks Of Declines December
19, 2024 13:36 ET
* Akoustis Technologies Files For Chapter 11 Bankruptcy December 16, 2024 01:49
ET
* Nearly Half A Million Power Banks Sold Exclusively On Amazon Recalled Due To
Fire And Burn Risks December 19, 2024 13:51 ET
* Skanska Invests EUR 90 Mln In Commercial Construction Project December 16,
2024 02:11 ET
* Melii Baby Silicone Spoons Recalled Due To Choking Hazard December 19, 2024
14:40 ET
* Videndum Issues Pre-Close Trading Update; Announces Expected Outturn For FY24
December 16, 2024 02:22 ET
* Amazon Reaches Settlement With OSHA On Working Conditions December 19, 2024
15:51 ET
* PureTech's Deupirfenidone Shows Positive Results In Slowing Lung Function
Decline In IPF Patients December 16, 2024 02:31 ET
* Willis Lease Finance To Buy Nine Advanced GTF Engines From Pratt & Whitney
December 19, 2024 15:54 ET
* Novo Nordisk To Invest DKK 8.5 Bln For New Production Facility In Denmark
December 16, 2024 02:34 ET
* Scholastic Corp Q2 Profit Decreases, Misses Estimates December 19, 2024 16:05
ET
Editors Pick
FEDEX STOCK UP ON FREIGHT SPIN OFF, DESPITE WEAK EARNINGS, OUTLOOK CUT
December 20, 2024 05:31 ET
DARDEN RESTAURANTS LIFTS FY25 SALES FORECAST AFTER Q2 BEATS MARKET; STOCK CLIMBS
December 19, 2024 09:04 ET
PEPSICO'S FRITO-LAY RECALLS LAY'S CLASSIC POTATO CHIPS
December 19, 2024 02:14 ET
GENERAL MILLS CUTS FY25 VIEW DESPITE Q2 ABOVE MARKET; STOCK DROPS
December 18, 2024 08:25 ET
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