At a symposium at the University of St. Gallen,Thomas Jordan, the president of the Swiss National Bank indicated more is to come. «We cannot rule out the possibility that further tightening of monetary policy will be necessary,» Jordan said, according to a «Reuters» report. «We...
Switzerland The recent inflation report showed strong progress on getting inflation below 2% (2.2% in May) but that won’t be enough for the SNB to consider pausing on Thursday. In fact, markets are expecting the central bank to hike by 50 basis points, taking the...