- Pressemitteilung BoxID 131847
Economic Expectations Diminish at High Level
ZEW-CS Financial Market Test Switzerland
Furthermore, the assessment of the current economic situation once again turned out to be less pessimistic in November. The corresponding indicator increased by 8.8 points to minus 46.2 points. The lion's share of the financial market experts surveyed (75.0 percent) still expect shortterm interest rates to remain unchanged in the coming months. Inflation expectations are on the rise in November. Although 55.0 percent of the survey participants still anticipate that inflation will hold steady, 42.5 percent believe that inflation rates will climb on a sixmonth horizon.
The focal point of this month's "special question," is directed at China's impact on international equilibrium. For example, the survey participants were asked about potential problems of the Chinese Yuan to compete with other currencies, such as the Euro or the US Dollar. In this context, a majority of the responses pointed at the political stability and the openness of China as a main obstacle.
More detailed results - including survey participants' assessment of developments in other countries - can be found in this month's edition of the "Switzerland Financial market report" (please note that the URL is case sensitive): https://www.credit-suisse.com/upload/news-live/000000022031.pdf
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