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6th May 2025 09:31EurozoneWeekly Monitor

  • Swiss inflation fell to a lower-than-expected zero in April, with a knock-on effect on our forecasts…
  • ...We now see deflation until mid-2026; the SNB will cut its policy rate below zero in June in response. 
  • We look for a 50bp rate cut at the next meeting, taking the key policy rate to -0.25%.

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Keywords for: 7 May 2025 Eurozone Monitor

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