SNB expected to cut policy rate by 25 bps this month - poll ...Middle East

forex live - News
SNB expected to cut policy rate by 25 bps this month - poll
28 of 32 economists expect a 25 bps rate cut on Thursday19 of 32 economists see policy rate at 0.25% by year-end i.e. one more rate cut only13 of 15 economists see risk of negative policy rate as low

We're pretty much getting the lower bound already for the SNB, with the policy rate at 0.50% coming into this week following another rate cut in December. They've done their job with Swiss inflation being the lowest among the G10 economies at the moment.

I wouldn't think that they would want to return to ZIRP or NIRP again but we'll see how franc developments play out in the year ahead amid a softening global growth outlook from Trump's tariffs. That said, Germany's spending boost is a welcome development in underpinning EUR/CHF I guess. So, there's that too.

    This article was written by Justin Low at www.forexlive.com.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( SNB expected to cut policy rate by 25 bps this month - poll )

    Also on site :