EUR/USD likely to find a peak near 1.25: UBS
Investing.com -- The International Monetary Fund (IMF) has reduced its growth forecast for the Swiss economy to 1.3% for 2025, down from its previous projection of 1.7%.
In its latest report released on Tuesday, the IMF cited worsening geopolitical tensions and tariffs as factors negatively affecting economic performance in Switzerland.
The IMF also provided its first outlook for 2026, projecting Swiss economic growth of 1.2%. Both forecasts fall below Switzerland’s long-term average growth rate of 1.8%.
These figures have been adjusted to account for the impact of sporting events, which can distort economic data due to broadcast income received by Swiss-based organizations such as FIFA and the International Olympic Committee.
The IMF’s downward revisions follow similar forecast cuts by the Swiss government and the Swiss National Bank.
"With global headwinds, growth is projected to remain somewhat below potential in 2025-26," the IMF stated in its report.
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