(MT Newswires) -- Thomas Jordan, CEO of the Schweizerische Nationalbank, points out that inflation is under control, below the 2% mark. He attributes this performance to the measures taken by the central bank over the past two years. The next meeting in March will be an opportunity to review monetary policy, although Jordan has not indicated any imminent rate changes. The recent appreciation of the Swiss franc has eased inflationary pressures, making the sale of foreign currencies less crucial. Jordan acknowledges that the strong franc poses challenges for Swiss companies, but stresses its importance in keeping inflation under control. He expresses concern about geopolitical risks, particularly in the Middle East, which could influence energy prices and, by extension, the Swiss economy.
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Apr. 25 | Swiss National Bank Logs Surge in Q1 Profit, Gross Income | MT |
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