Reply To: Swiss National Bank Surprise 50 Basis Point Rate Hike, Raises to Stabilize Inflation


SNB Jordan:

We have to take inflation development seriously
Some of this inflation is certainly temporary. We expect it to come down again.
All central banks have to be careful that it doesn’t become permanent, and that requires close monitoring of the situation.
US Fed raising rates is a good sign for US economy, shows it is working at capacity.
Fed raising rates also means that interest rates around the world are going up a little bit, that’s positive news for us
In the medium and long term monetary policy must ensure that inflation is always within the price stability range.