Nordic & Swiss Economics

Nordic & Swiss Central Bank Watch

8 March, 2018

Are interest rate rises in Switzerland in sight?

In an environment of global uncertainty, the Swiss National Bank will be wary of exacerbating any upward pressure on the safe haven franc when it meets on 15th March. Admittedly, its forecast for inflation to surpass 2% by 2020 suggests that it may soon contemplate policy normalisation. But we think that it is overestimating inflation prospects. In all, we expect it to stick to a very dovish tone next week and think that rate hikes will come around a year later than investors currently envisage.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.