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SNB: Jordan Introductory Remarks

SNB
SNBCentral Bank NewsSwitzerlandCEEMEABulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

SNB President Jordan begins his introductory, and comments on the SNB's monetary policy outlook:

  • Re the cutting rationale, he first refers to CHF appreciation, and then to lower energy prices, both leading to lower inflationary pressure in Switzerland and also less inflation second round effects.
  • The SNB also see "the downside risks to inflation as greater than the upside risks" on the projected path.
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SNB President Jordan begins his introductory, and comments on the SNB's monetary policy outlook:

  • Re the cutting rationale, he first refers to CHF appreciation, and then to lower energy prices, both leading to lower inflationary pressure in Switzerland and also less inflation second round effects.
  • The SNB also see "the downside risks to inflation as greater than the upside risks" on the projected path.