• UBS chief economist: SNB to raise rates at the start of 2020, same time as ECB

Notícias do Mercado

15 abril 2019

UBS chief economist: SNB to raise rates at the start of 2020, same time as ECB

  • Expects first SNB rate hike at the start of 2020, similar to that of the ECB

  • CHF still overvalued, further strength poses danger for further slowdown in Swiss economy

  • Rate hikes by SNB, ECB will likely be reflected by rising yields towards end-2019

  • Rates to remain historically 'very low' for next few years even after 2020

  • Initial rate hike unlikely to trigger panic in the bond market

  • Expects long-term yields to rise in a fairly mild manner

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