Swiss inflation remained at 0.1% in January and we expect it to undershoot the consensus forecast and stay around zero for the rest of the year. Combined with the strength of the franc, we think this will persuade the SNB to cut the policy rate by 25bp to -0.25% this year, most likely in June.
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