SNB’s Jordan: We believe monetary conditions are appropriate at the moment

  • We do not forecast any tightening given the forecasts so far
  • Will adapt policy to contain inflation within price stability target
  • Will look at inflation very closely when making next decision

Just in case it wasn’t clear before, Jordan is now explicitly commenting that they are not looking at any more rate hikes; all else being equal that is.

This article was written by Justin Low at Source