January 9, 2018 / 5:52 PM / 5 months ago

BRIEF-Fitch Says Swiss Inflation Ticking Up But Swiss National Bank Will Stay Expansionary

Jan 9 (Reuters) - Fitch:

* FITCH SAYS RISE IN SWISS INFLATION IS UNLIKELY TO PROMPT SIGNIFICANT CHANGE IN SWISS NATIONAL BANK’S MONETARY POLICY STANCE IN 2018

* FITCH SAYS ‍SWISS NATIONAL BANK IS UNLIKELY TO HIKE POLICY RATES BEFORE ECB DOES, AS SNB SEEKS TO AVOID FRANC APPRECIATION​

* ‍FITCH SAYS SWITZERLAND’S ADVANCED, WELL-DIVERSIFIED AND WEALTHY ECONOMY IS A STRENGTH FOR THE COUNTRY’S ‘AAA’/STABLE SOVEREIGN RATING​

* FITCH SAYS DO NOT FORECAST SWISS INTEREST RATES TO RISE UNTIL 2019; EVEN THEN THEY WILL REMAIN NEGATIVE, AS SNB SHADOWS ECB Source text for Eikon:

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