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25th Sep 2024 11:09EurozoneDaily Monitor

  • The SNB has lowered its inflation forecasts towards our estimates, blaming a stronger CHF. 
  • It is unhappy with EURCHF and uncomfortable with its new end-of-horizon inflation call. 
  • We thought another cut would come in December, and we now also think it will trim rates in March.

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Keywords for: 27 September 2024 Eurozone Monitor

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