Switzerland's overall inflation rate and core inflation rate in August both increased by 1.1% year-on-year. The overall data is slightly below market expectations, marking the lowest level since March. This data will only serve as a green light for the Swiss National Bank to cut interest rates again on September 26th. The only debate is whether the central bank will maintain the current 25 basis point pace of interest rate cuts or choose a more aggressive 50 basis point measure to counter the recent appreciation of the Swiss franc.