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19th Jun 2024 14:26EurozoneDaily Monitor

  • The SNB cut rates for the second straight meeting, and lowered its inflation forecasts...
  • ...We look for another 50bp-worth of rate cuts this year, more than financial markets
  • expect.
    The Bank will have to match ECB cuts to prevent a significant appreciation of the CHF and deflation.

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Keywords for: 21 June 2024 Eurozone Monitor

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