We think the Swiss National Bank will cut interest rates by 50 basis points at its meeting on 19th June – taking the policy rate into negative territory for the first time since 2022.
On Wednesday 18th June at 0900 ET/1400 BST,in this special preview of the June meeting our Europe and Markets economists will explain their rationale as they explain what’s driving deflationary pressures in Switzerland, the Bank’s potential policy response and the role of the franc.
The team will make the case for a non-consensus 50bps move and discuss whether other central bankers in the region could face a similar dilemma in the coming months. Join this 20-minute online session in which the team will answer your questions as they address key issues, including:
- Why the SNB risks undershooting its price stability target;
- The outlook for the franc and its role in driving down inflation;
- Whether other central banks could end up cutting rates back in negative territory.
Please note you must be logged in to register for this Drop-In.
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