Swiss bulletin predicts US slowdown

The Swiss National Bank's latest monetary policy report presented a pessimistic outlook for the US economy.

"Given the financial market turmoil in August, which led to a significant rise in premiums on high-risk investments, the downside risks to growth dominate."

The central bank said it "assumes that US growth momentum will decline next year as a result of the turbulence in the financial markets." But added: "In Europe robust growth will probably be maintained."

The central bank said the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: