Monday , 23 December 2024
Home Forex Switzerland November CPI +0.7% vs +0.8% y/y expected
Forex

Switzerland November CPI +0.7% vs +0.8% y/y expected

  • Prior +0.6%
  • Core CPI +0.9% y/y
  • Prior +0.8%

Swiss inflation continues to hold well below the 2% mark but with the franc keeping at firmer levels, especially against the euro, the SNB will still feel compelled to cut rates again later this month. It’s now not so much about price pressures already for the SNB, though they still have to keep a watchful eye to not let it get overly depressed.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ForexLive Asia-Pacific FX news wrap: Major FX, minor ranges

Qatar warns it will halt gas supplies to Europe if fined under...

Australian Dollar holds gains as traders expect Fed to continue policy easing next year

The Australian Dollar (AUD) steadies following two days of gains on Monday...

Qatar warns it will halt gas supplies to Europe if fined under EU due diligence law

Politico with the report that Qatar has warned it will stop exporting...

WTI trades with mild positive bias around $69.70-$69.75 area, lacks bullish conviction

West Texas Intermediate (WTI) US Crude Oil prices edge higher for the...