The Swiss National Bank (SNB) Chairman Thomas Jordan said that the highly valued franc is holding down inflation, at the post-monetary policy meeting press conference on Thursday.
Additional headlines
Anchored inflation expectations speak for loose policy.
The inflation forecast is still very low, especially at the horizon of 2- 3 years.
Inflation has to really go out of range of price stability to consider changing monetary policy.
Normalization of monetary policy abroad is positive.
Highly valued Franc is holding down inflation.
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