• SNB's Chairman Jordan: We cannot exclude further tightening of monetary policy

Market news

5 May 2023

SNB's Chairman Jordan: We cannot exclude further tightening of monetary policy

Swiss National Bank (SNB) Chairman Thomas Jordan said on Friday, “we cannot exclude further tightening of monetary policy.”

“Inflation is still an issue in Switzerland,” Jordan added.

Market reaction

At the time of writing, USD/CHF is consolidating the latest rally above 0.8920. The pair is advancing 0.73% on the day.

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