SNB's Schlegel says a temporary increase in inflation via rent is possible

SNB's Schlegel says a temporary increase in inflation via rent is possible

Via Newsquawk

**Reminder, it is currently somewhat unclear as to whether the SNB will hike or not in December after they left rates unchanged in September. One key factor in the decision will be the November inflation report, to be released in December, as this will be the first reading encapsulating the mid-2023 rental reference rate increase.