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3rd Feb 2025 16:26EurozoneDaily Monitor

  • Swiss GDP likely rose by 0.9% in 2024, much better than the 0.2% decline in neighbouring Germany. 
  • The US has not said it will raise tariffs on Swiss imports, but an EU-US trade tiff will still hurt slightly. 
  • We continue to think the SNB easing cycle will end in March, though risks are tilted towards further easing.

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Keywords for: 5 February 2025 Eurozone Monitor

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