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20th Mar 2023 17:36Eurozone, Daily Monitor

  • Credit Suisse’s takeover was an act of prevention rather than response, but markets are on edge...
  • ...This will convince the SNB to pivot to a 25bp rate hike this week; we are revising down our call.
  • We still then look for at least one more rate hike, in June, by 25bp, taking the policy rate to 1.50%.

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Keywords for: 21 Mar 2023 Eurozone Monitor

credit, eurozone, markets, policy, rate hike, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence