Fundamental Analysis U.S.: September CPI: Headline inflation eased to 2.4% y/y, aligning closer to the Fed’s target, though core CPI rose by 3.3% y/y, driven by housing and insurance. September Jobs: The U.S. added 254,000 jobs, surpassing expectations, which may prompt the Fed to maintain high rates short-term. Treasuries: 10-year yields rose to 4.24% this […]
Sep 03, 2024
Weak Swiss Inflation Paves the Way for Further Rate Cuts
Swiss inflation slowed to 1.1% y/y in August from 1.3% the previous month, below the 1.2% expected. In April and May, the rate of price increases rose to 1.4% y/y but later started to fall again, losing 0.2% in the last three months. The Swiss National Bank cut its key interest rate twice, in March […]
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