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2nd Oct 2024 17:47EurozoneDaily Monitor

  • Swiss inflation fell below 1% in September for the first time since 2021. 
  • Inflation averaged 1.1% in Q3, in line with the SNB’s call, but will fall further than the Bank expects in Q4. 
  • The door is wide open for further rate cuts; the SNB could take its key policy rate close to zero.

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Keywords for: 4 October 2024 Eurozone Monitor

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