Weekend comments once again from Chairman of the SNB Thomas Jordan, in an interview with a Swiss newspaper.

  • (Schweiz am Wochenende)
  • In Switzerland, we believe the inflation risk is modest
  • Until recently inflation here was even negative, meaning consumer prices were falling slightly, now it’s back in positive territory. The National Bank expects moderate inflation
  • The strong currency also works to dampen inflation. The franc remains highly valued”
  • Swiss economy not overheating
  • its monetary policy is appropriate

Nothing new here from Jordan, reiterating recent remarks. He made very similar comments last weekend and on Tuesday last week. 

Weekend comments once again from Chairman of the SNB Thomas Jordan, in an interview with a Swiss newspaper.

Invest in yourself. See our forex education hub.

Leave a Reply

Your email address will not be published. Required fields are marked *