MONETARY AFFAIRS

SNB: Rising Global and Domestic Risks To Fight With Little Policy Ammunition

by Alex Waters and Brunello Rosa

20 February 2019

In this paper we discuss:

• The state of the Swiss economy;
• The risks to the macroeconomic outlook deriving from a deteriorating external environment;
• The primary concerns for the Swiss National Bank and what we expect it to do in coming months;
• The market implications of all the above.

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Download PDF: R&R SNB Update - February 2019

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