Analysts more optimistic on Chinese growth
- The UBS CFA Society Switzerland Indicator remained in negative territory for the fifth consecutive month in October. Despite a negative outlook over the next six months, participants slightly raised their growth forecast for the Swiss economy for 2024 and 2025.
- Following a large-scale fiscal and monetary stimulus announcement, financial analysts upgraded their growth expectations for China.
- Survey participants have lowered their inflation expectations for 2025 for Switzerland, with most now anticipating inflation to fall below the 1% mark.
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