• GKB warns persistent inflation limits scope for rate cuts despite last week's Federal Reserve and European Central Bank rate pauses.
• Markets increasingly expect further Fed and ECB rate increases at December's policy meetings.
• Elevated financing costs leave rate-sensitive sectors vulnerable to setbacks despite resilient economic growth supporting corporate earnings.
• The Swiss National Bank is expected to hold its policy rate at 0%, with inflation around 1% within its target range.
• A window for an SNB rate increase could open in early 2027, depending on the franc, energy prices and imported inflation.

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 November 02, 2026, and is solely responsible for the information contained therein.