Economic Data Preview: Swiss Consumer Price Index

Expectations call for Switzerland’s Consumer Price Index to show headline inflation slowed to an annualized 2.7% in September from 2.9% in the preceding month. This would be consistent with the Swiss National Bank’s expectation that inflation will price pressures will moderate in the second half of the year and validate their decision not to raise borrowing costs. Indeed, bond yield forecasts suggest the SNB will cut rates by 25 basis points in the second quarter of next year.

For a complete listing of this week's data releases, please see the DailyFX Economic Calendar.