Investment Insights • MFN 21 六月 2024 Amidst further cuts, what action will The Swiss National Bank make next? The Swiss National Bank (SNB) cut the policy rate by 0.25% to 1.25% at its meeting on 20 June. Markets reacted by selling the Swiss franc, illustrating that policy easing was not fully priced in. In this Macro Flash Note, Senior Economist GianLuigi Mandruzzato looks at the outlook for Swiss monetary policy. GianLuigi Mandruzzato 3 min read
Sponsorships 20 六月 2024 EFG Swiss Open Gstaad reveals an impressive line-up for 2024 It’s just under one month to go to the EFG Swiss Open Gstaad, which takes place from 13-21 July 2024. The tournament has revealed an impressive line-up for this year, including a total of seven players from within the ATP top 20. Marketing & Communications 2 min read
Investment Insights • MFN 19 六月 2024 Core inflation and employment costs in the US With US core inflation slow to decline, leading the Federal Reserve to postpone interest rate cuts, much attention has focused on the behaviour of employment costs as a driver of inflation. In this Macro Flash Note EFG Chief Economist Stefan Gerlach looks at how core inflation and employment costs have evolved in recent quarters. Stefan Gerlach 3 min read