ZURICH, Nov 14 (Reuters) - The Swiss National Bank will monitor the development of inflation closely in the coming weeks ahead of its next meeting in December, Chairman Thomas Jordan said on Tuesday.

"We emphasised that price stability may not yet be ensured. Thus, we will not hesitate to tighten monetary policy further if necessary," Jordan said at a central bank conference in Zurich.

(Reporting by Noele Illien Editing by Tomasz Janowski)