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9th Dec 2022 15:13Eurozone, Weekly Monitor

  • Swiss inflation is still above target, so the SNB will hike again this week...
  • ...But inflation has come in lower than it forecast and is set to fall further; we expect a 50bp hike this time.
  • We think this will be the last hike in the Bank’s cycle, and QT isn’t on the cards for next year, yet.

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Keywords for: 12 Dec 2022 Eurozone Monitor

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