🏦🇨🇭SNB Quarterly Bulletin:

*According to the joint monthly financial market survey by Credit Suisse and the CFA Society Switzerland, 53% of analysts questioned in February 2021 expected inflation rates to rise in the next six months

*Meanwhile, 42% of respondents anticipated unchanged rates, and less than 5% thought rates would fall. It is likely that survey participants would have known the annual CPI inflation rate of January, which stood at – 0.5%

*The survey results suggest that respondents expect annual inflation rates to rise to zero or edge into positive territory in the months ahead