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Swiss National Bank Chairman hints again at future rate hikes

Reuters · 11/15/2022 12:50
Swiss National Bank Chairman hints again at future rate hikes

- 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.



(Reporting by John Revill
Editing by Tomasz Janowski)

((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.))