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20th Mar 2024 17:30Eurozone, Daily Monitor

  • The SNB cut interest rates, beating other major DM central banks to the punch on easing policy. 
  • More easing is likely over the coming year; we look for 75bp of further cuts by December. 
  • The risks are to fewer cuts; the SNB sees inflation in line with its price-stability mandate out to 2026.

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Keywords for: 22 March 2024 Eurozone Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence