"Monetary policy is still expansionary and we have most likely to adjust monetary policy again," Jordan told an event in Zurich on Tuesday.
(Reporting by John Revill; Editing by Tomasz Janowski)
ZURICH (Reuters) - The Swiss National Bank gave another strong hint it will raise interest rates again, when Chairman Thomas Jordan on Tuesday said current monetary policy was too loose to tackle inflation in Switzerland.
"Monetary policy is still expansionary and we have most likely to adjust monetary policy again," Jordan told an event in Zurich on Tuesday.
(Reporting by John Revill; Editing by Tomasz Janowski)
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0.9668 CHF | +0.17% | -0.83% | - | ||
0.8842 CHF | +0.22% | -1.35% | - | ||
0.5956 CHF | +0.31% | -1.80% | - | ||
0.6593 CHF | +0.12% | -1.29% | - | ||
11.32 CHF | +0.18% | -1.32% | - | ||
0.5657 CHF | -0.11% | -0.09% | - | ||
0.5368 CHF | +0.08% | -1.68% | - | ||
1.149 CHF | +0.11% | -0.77% | - | ||
0.6464 CHF | +0.22% | -1.69% | - | ||
0.1218 CHF | +0.11% | -1.46% | - | ||
0.01 CHF | +0.52% | -2.91% | - | ||
0.0836 CHF | -0.20% | -2.11% | - | ||
0.0106 CHF | -0.00% | -0.93% | - | ||
12.95 CHF | +0.10% | -0.83% | - | ||