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23rd Mar 2023 16:12Eurozone, Daily Monitor

  • The SNB stuck to its mandate, ignoring trouble in the
    banking sector, hiking its main policy rate by 50bp.
  • More is likely, with the Bank expecting inflation to remain above target by the end of its forecast horizon.
  • We look for at least one more rate hike, taking the
    policy rate to 1.75% by June.

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Keywords for: 24 Mar 2023 Eurozone Monitor

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