SNB's Jordan: Not a good idea to wait for inflation to rise and then raise rates

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SNB's Jordan: Not a good idea to wait for inflation to rise and then raise rates
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SNB's Jordan: Not a good idea to wait for inflation to rise and then raise rates – by eren_fxstreet SNB CentralBanks USDCHF

"It's really important to bring Swiss inflation to a level of price stability," Swiss National Bank Chairman Thomas Jordan said on Thursday, per Reuters.

USD/CHF came under heavy bearish pressure following these comments and USD/CHF was last seen trading at 0.9045, where it was down 0.6% on a daily basis.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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