you are currently viewing:Switzerland: IMF Staff Concluding Statement-2025 Article IV Consultation MissionJuly 1, 2025--Switzerland continues to benefit from strong fundamentals, highly credible institutions, and a skilled labor force, positioning it among the world's most competitive, resilient, and innovative economies. Economic performance has been strong. Nonetheless, Switzerland faces important challenges, including from evolving global economic conditions, rising global trade tensions, and persistent safe-haven pressures and franc appreciation. The ongoing IMF Financial Sector Assessment Program (FSAP) has called for strengthening supervisory, resolution, and crisis management frameworks, including to address gaps exposed during the Credit Suisse crisis, where the authorities are taking action. Navigating these challenges will require broad policy consensus and effective macroeconomic management. Priorities include safeguarding price stability, addressing emerging fiscal pressures, advancing strong financial sector reforms, implementing structural measures to boost productivity and competitiveness, and ratifying the new package of agreements with the EU to enhance external resilience. Economic Outlook With global headwinds, growth is projected to remain somewhat below potential in 2025-26. Growth is expected to reach 1.3 percent in 2025 (sporting events adjusted), up from 1 percent in 2024, driven by private consumption supported by real wage growth and stronger construction activity with easier monetary conditions. Source: imf.org |
August 7, 2025--Solactive is pleased to announce its latest collaboration with CAIS Advisors LLC. The newly introduced Solactive CAIS Private Credit BDC Index aims to serve as a transparent and rule-based benchmark, tailored specifically for the wealth channel.
August 5, 2025-Solactive is pleased to announce the launch of the J.P. Morgan Mansart iCubed Global Equity Select Fund, tracking the Solactive iCubed Global Sustainability Index. The product provides broad exposure to developed-market equities and aims to deliver substantially enhanced sustainability characteristics at a materially lower level of expected active risk.
August 4, 2025--Today, BUX announced the launch of a first-of-its-kind solution in the European investment landscape: BUX Prime Investment Plans, which combine J.P. Morgan Asset Management's active ETFs in pre-built multi-asset portfolios designed to make active management accessible and affordable.
August 1, 2025-Solactive is pleased to announce that it has assumed the role of index administrator for the JP Morgan Asset Management Carbon Transition Global Equity Index, effective 31 July 2025.
July 25, 2025--An economic recovery is underway, with growth projected at 1.2 percent in 2025 before gaining momentum next year.
The authorities' fiscal plans strike a good balance between supporting growth and safeguarding fiscal sustainability. It will be important to stay the course and deliver the planned deficit reduction over the next five years.
The Bank of England (BoE) should continue to ease monetary policy gradually, while remaining flexible in light of elevated uncertainty.
July 21, 2025--Domestic demand is projected to drive growth even as trade tensions affect momentum, and growth is expected to reach 1.1 and 1.2 percent in 2025 and 2026. Downside risks dominate, mainly from escalation of trade tensions and domestic policy uncertainty.
Fiscal policy should pivot from stimulating demand to expanding supply, by investing in infrastructure, education, and R&D, fostering investment to increase the housing supply, and implementing growth-enhancing tax reforms.