Gelonghui June 20 | Analyst Karsten Junius of J Safra Sarasin stated that as expected, the Swiss central bank lowered its policy interest rate as underlying inflation fell again and long-term inflation expectations were downgraded again. A key trigger for the rate cut may be that the CPI index, excluding rents, recently fell below 1%, while economic activity remains below potential levels. We expect the Swiss central bank to cut interest rates by another 25 basis points in September, which will bring monetary policy back to neutral levels.
市场分析：瑞士央行可能在9月再度降息
Market analysis: Swiss franc may cut interest rates again in September.
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