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15th Jun 2023 18:25Eurozone, Daily Monitor

  • The SNB will hike by 25bp this week; hawkish SNB speak suggests that risks are tilted towards 50bp. 
  • The Bank will cut its inflation forecasts for 2023, but the 2024 and 2025 numbers will stay elevated… 
  • ...As a result, we now see another 25bp hike in September, taking the key policy rate up to 2%.

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Keywords for: 20 June 2023 Eurozone Monitor

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