UBS CFA Indicator: Analysts expect Swiss economy to improve

• The UBS CFA Society Switzerland Indicator climbed from -2.1 to 2.4 points in July, signaling the expectation of an economic improvement among CFA analysts for the first time since February.
• On average, survey participants expect growth of 1.3% and inflation of 0.6% in Switzerland this year.
• The majority of analysts no longer expect further interest-rate cuts by the Swiss National Bank.

 

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