- SNB to raise rates by 50 bps to 1.5% – Standard Chartered
Noticias del mercado
23 marzo 2023
SNB to raise rates by 50 bps to 1.5% – Standard Chartered
Analysts at Standard Chartered offer a sneak peek at what they expect from Thursday’s Swiss National Bank (SNB) policy announcement.
Key quotes
“We expect the SNB to hike by 50 bps, taking the policy rate to 1.5% from 1.0%.”
“Hawkish policy comments, higher-than-expected February inflation and a widening interest rate differential with other major central banks support our view.”
“We now see a final 25 bps hike in June to a terminal rate of 1.75% (1.5% previously), followed by a pause.”
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