Chairman Jordan of the Swiss National Bank says Bank doing all it can to curb inflation

SNB Chair Thomas Jordan spoke with newspaper SonntagsBlick in an interview ahead of the Bank's upcoming policy decision due on March 23:

  • "At the moment inflation is too high in our country and we are doing everything we can to bring it back into the area of price stability"
  • "Price stability is our main task. We define that conservatively as inflation of less than 2%"

Jordan spoke last week, hinting at the potential for higher rates ahead:

The interview Jordan gave with SonntagsBlick will be his last public comment ahead of the SNB's policy meeting on the 23rd.

Thomas Jordan

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