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2026-07-16 15:36:13
The Swiss National Bank (SNB) reports that medium-term inflationary pressures are virtually unchanged from the March monetary policy assessment. Assuming the SNB policy rate remains unchanged, inflation should rise further in the coming quarters, but is expected to remain within a price stability range throughout the forecast period. GDP growth is projected at around 1% in 2026 and around 1.5% in 2027, with inflation potentially increasing in the near term due to rising energy prices. The situation in the energy market could worsen if passage through the Strait of Hormuz is prolonged.
