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SNB’s Fight to Tame Inflation Not Yet Done, Jordan Tells SoZ

From bnnbloomberg.ca

There’s more work to be done to tame inflation in Switzerland, according to the country’s central bank chief. “The fight against inflation is not over yet — we need to make sure we bring it back below 2% in the long term,” Swiss National Bank President Thomas Jordan told SonntagsZeitung in an interview. “At this point in time, we can’t exclude a further tightening of monetary policy.” Speaking less than two weeks before the SNB sets rates at its quarterly meeting, the central banker highlighted that “we still have an environment where inflation is too high and there are relatively widespread price increases.” After ... (full story)

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