RaboResearch - Economic Research

Country Report

Country Report Switzerland

The strong appreciation following the unpegging of the franc is likely to lead to lower growth. Macro-prudential policies have been tightened somewhat. The government still has to find a way to deal with the outcome of the 2014 anti-immigration referendum.

Country Report

Country Report Switzerland

Thanks to private consumption, the Swiss economy is doing reasonably well. The persistently low interest rates causes house prices to rise. Populist policies, like the introduction of a cap on immigration will deteriorate the medium-term outlook.