SNB’s Jordan:There is small upward risk to the central bank’s inflation forecast

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SNB’s Jordan:There is small upward risk to the central bank’s inflation forecast
CentralbanksInterestrateInflation
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Swiss National Bank (SNB) Thomas Jordan said early Thursday that there is a small upward risk to the bank's inflation forecast.

Swiss National Bank Thomas Jordan said early Thursday that there is a small upward risk to the bank's inflation forecast. “There are reasons to believe that the natural rate of interest has increased or may well rise,” Jordan added. Additional quotes Weaker Ffranc is currently the most likely source of higher Swiss inflation. The Bank could counteract this by “selling foreign exchange. Market reaction NZD/USD keeps its range below 0.9150 on these comments, up 0.07% on the day.

02% -0.02% 0.16% 0.08% EUR -0.02% 0.00% -0.15% 0.03% -0.03% 0.11% 0.06% GBP -0.03% -0.01% -0.18% -0.03% -0.06% 0.11% 0.05% JPY 0.16% 0.15% 0.18% 0.15% 0.13% 0.24% 0.24% CAD -0.02% -0.03% 0.03% -0.15% -0.02% 0.13% 0.07% AUD 0.02% 0.03% 0.06% -0.13% 0.02% 0.15% 0.09% NZD -0.16% -0.11% -0.11% -0.24% -0.13% -0.15% -0.05% CHF -0.08% -0.06% -0.05% -0.24% -0.07% -0.09% 0.05% The heat map shows percentage changes of major currencies against each other.

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