Financial Market Report Switzerland October 2023
Highlights:
- The UBS CFA Society Switzerland Indicator has remained in negative territory in October for the 20th consecutive month, suggesting a majority of the 37 financial analysts surveyed is still pessimistic on the short-term growth outlook for the Swiss economy.
- The measure reflecting analysts’ short-term inflation expectations has stayed below its long-term average, with more than one in three survey participants expecting inflation in Switzerland to decelerate over the next six months.
- Most of the respondents now expect central banks in Switzerland, the Eurozone, and the US to keep their policy rates unchanged over the next six months.
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