The franc may be close to the Swiss National Bank’s previous currency ceiling, but that doesn’t mean investors should expect an interest rate hike too soon.
A monthly survey of economists shows they anticipate the Swiss central bank will keep its deposit rate at minus 0.75 percent the first nine months of 2019, before raising it by 25 basis points in the final quarter. That would be the first increase since 2007.
Source: Bloomberg Pro Terminal
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