• GKB expects the Federal Reserve to hold interest rates steady Wednesday, with the European Central Bank following suit Thursday.
• Inflation remains around 3% to 4% in many regions, potentially keeping rates elevated or prompting modest increases in coming months.
• Geopolitical tensions could raise energy and goods prices, delaying disinflation and increasing financial market volatility.
• Switzerland’s lower inflation gives its central bank more flexibility, though higher US or eurozone rates also influence Swiss bond yields.
• Robust growth and solid corporate earnings continue to support equities, but inflation and geopolitical risks reinforce the importance of diversification.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GKB - Graubündner Kantonalbank published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.