SNB Chairman Martin Schlegel predicts Swiss inflation will rise despite potential negative readings

SNB Chairman Martin Schlegel expects Swiss inflation to rise despite potential negative monthly readings. He noted that U.S. tariffs are impacting local firms.

Swiss National Bank (SNB) Chairman Martin Schlegel stated on February 24, 2026, that Switzerland CHCH may see negative inflation in some coming months but expects inflation to move higher in the months ahead. This outlook is significant as the central bank remains focused on its mandate of ensuring mid-term price stability.
Martin Schlegel, Chairman of the Governing Board of the Swiss National Bank (SNB), speaks to journalists during a year-end press conference in Bern, Switzerland, on December 11, 2025. REUTERS/Pierre Albouy
Martin Schlegel, Chairman of the Governing Board of the Swiss National Bank (SNB), speaks to journalists during a year-end press conference in Bern, Switzerland, on December 11, 2025. REUTERS/Pierre Albouy
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