According to specialists, growth in Swiss GDP is highly likely in 2018. Estimated at 0.9% in 2017, Swiss GDP should, according to Mirabaud forecasts published on 29 November, reach 1.7% in 2018. Inflation, for its part, is expected to reach 0.4% this year and 0.6% in 2018, while the unemployment rate would remain more or less stable at around 3%. According to economist Géro Jung of Mirabaud bank, the EUR-F pair should vary only slightly in 2018 and the USD-CHF pair will remain relatively stable. The specialist also predicts that the European Central Bank (ECB) will maintain its accommodating policy, i.e. continue its asset purchase programme beyond September 2018. Regarding monetary policy, the Geneva banking and financial giant expects the status quo next year.
