The president of the Swiss National Bank (SNB), Thomas Jordan, speaks on Thursday at the press conference after the monetary policy meeting. The central bank kept key rates at 1.75% in the September quarter.
Featured comments
The significant tightening of monetary policy in recent times is counteracting inflationary pressures.
Swiss inflation has returned to the range of price stability.
A further tightening of monetary policy cannot be ruled out.
There is some uncertainty about the impact of the monetary tightening already carried out.
Although inflation is likely to rise again, underlying pressure has eased slightly.
The objective remains to maintain price stability.
The situation allows us to wait for now and review later.
We will not hesitate to tighten policy again to keep inflation below 2%.
Source: Fx Street
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