Analysts are increasingly confident about rate cuts

5 Aug 2024

Financial analysts anticipate rate cuts 

  • The UBS CFA Society Switzerland Indicator dipped in July to 9.4 points from 17.5 points in June but remained in positive territory, suggesting that financial analysts were still moderately optimistic about the Swiss growth outlook.
  • Lower short-term interest rates in Switzerland, the Eurozone, and the United States have become an almost consensus view among analysts, according to the survey.
  • Survey participants slightly lifted their GDP growth and inflation forecasts for 2024 and 2025 for Switzerland.

The latest edition of the Financial Market Report Switzerland is published under this link (under: “Financial Market Report” at the bottom of the page on the right). Data are based on a survey UBS carries out monthly in collaboration with CFA Society Switzerland.