Switzerland's economic outlook is set to remain gloomy for the rest of this year, the KOF Swiss Economic Institute said on Monday, as it leading indicator dropped for a second straight month to reach its lowest level since 2015.The KOF Economic Barometer, a leading indicator for the trends in the alpine economy, dropped to 93.2 from 95.5, which was revised from 97.Economists had forecast a score o...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.