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3rd Jul 2023 17:45Eurozone, Daily Monitor

  •  Swiss inflation fell below the central bank’s target in June, and all signs point to it dropping further...
  • ...But the Q2 average was above the SNB’s forecast and the Bank has continued to strike a hawkish tone.
  • We think it will hike again in September, taking the key policy rate to 2%; the consensus is for no change.

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Keywords for: 4 July 2023 Eurozone Monitor Swiss Inflation Falls to Within Target, but the SNB will Still Hike

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