- Further rate cuts may be necessary in the coming quarters
- Stronger franc, lower oil and electricity prices contributed to lower inflation forecasts
- Swiss economic growth will be 'rather modest' in the coming quarters
He's mainly just repeating the policy statement for the most part. USD/CHF is down 0.1% on the day to 0.8490 but off earlier lows after the SNB decision of 0.8458 at least.
