The fall in Swiss inflation in December suggests that the SNB’s decision to cut by a bumper 50bp in December was fully justified. We think the SNB will cut the policy rate by a further 25bp at its next meeting in March as disinflationary pressures intensify, and we would not rule out further cuts after that.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services