Switzerland October CPI +0.6% vs +0.8% y/y expected ...Middle East

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Switzerland October CPI +0.6% vs +0.8% y/y expected
source : forex live ( Middle East ) () 54
Prior +0.8%CPI m/m -0.1% vs -0.3% expectedPrior m/m 0.0%Core CPI Y/Y +0.8% vs +1.0% prior.That's a big miss and it further reinforces the need for the SNB to move faster on cuts. The market will likely favour a 50 bps cut for December now. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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