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Country Focus

Strong Swiss Franc Weighs On Growth And Inflation

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Swiss October inflation cooled further, but not enough to trigger an SNB rate cut. Headline CPI rose 0.1% y/y, slowing from 0.2% in September, while core inflation missed estimates at 0.5%, down from 0.7%. Inflation now sits at the bottom of the SNB’s 0–2%…

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