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13th Mar 2025 10:18EurozoneWeekly Monitor

  • Swiss inflation has fallen thus far in Q1, so the SNB will trim rates this week...
  • ...But another jumbo 50bp cut is highly unlikely; we look for a 25bp cut, taking the policy rate to 0.25%.
  • The Swiss monetary easing cycle likely ends there, with inflation set to rise over the coming months.

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Keywords for: 17 March 2025 Eurozone Monitor

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