4u Created
Image default

Swiss National Bank Chairman hints again at future rate hikes By Reuters

© Reuters. FILE PHOTO: Swiss National Bank (SNB) Chairman Thomas Jordan addresses a news conference in Bern, Switzerland June 16, 2022. REUTERS/Arnd Wiegmann

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.

Source link

Related posts

Japan must take steps against ‘excessive’ yen moves

Community discusses why inflation isn’t pushing more people to crypto By Cointelegraph

Berenberg Reiterates Buy Rating on Dassault Systemes SE