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SNB dovish, Norges Bank hawkish, Sweden ETI strong

This week’s quarterly policy statement from the Swiss National Bank strengthened our view that tighter monetary policy in Switzerland is a long way off. By contrast, higher interest rates are imminent in Norway. Meanwhile, data released this week for Sweden showed that the economy is still growing very quickly. This is the first edition of a new Nordic and Swiss Weekly publication that is being added to your subscription. The Weekly replaces the monthly Nordic and Swiss Watch, allowing us to provide more timely analysis of recent and upcoming events. We will continue to publish the in-depth analysis that previously featured as the Nordic and Swiss Watch lead article as Updates and Focuses.

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