UBS CFA indicator: Analysts expect SNB rate cut in March

• Likely reflecting heightened uncertainty, the UBS CFA Society Switzerland indicator has experienced volatility recently. In February, it lost more than one-third of its extraordinary January gains, decreasing by 14.3 points to 3.4 points.
• Financial analysts consider a 25bps cut as the most likely outcome of the SNB’s monetary policy meeting in March, with risks tilted toward a steady policy rate.
• Donald Trump's trade policy is expected to have negative effects on growth, and could boost inflation, particularly in the US, according to survey participants.

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