Newsquawk Central Banks - PREVIEW: SNB rate decision due Thursday 22nd September 2022
SourceNewsquawk
SectionSNB
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- Expected to hike by 75bp, though there are some calls for 50bp and 100bp increments.
- Such an increase is merited by the hot inflation situation, though prices in Switzerland are not as elevated as global peers.
- Further ahead, assuming inflation does not markedly accelerate, the pace of tightening is expected to revert to more ‘standard’ increments.