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4th Mar 2024 10:46Eurozone, Daily Monitor

  • Swiss inflation edged down in February; it has been in line with the SNB’s target for eight months.
  • It fell less than we expected; we are pushing out our forecast for the first SNB rate cut to June.
  • The changing of the guard at the SNB in September won’t alter the outlook for monetary policy.

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Keywords for: 5 March 2024 Eurozone Monitor

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