SNB's Jordan: Swiss inflation above 3% is 'clearly too high'<ul><li>Central bank won't tolerate above-target inflation</li><li>The base case scenario is that Switzerland will avoid recession</li></ul><p>Switzerland is in focus at the moment with the problems at Credit Suisse but the franc could also be gearing up for some big moves on monetary policy shifts.</p>
This article was written by Adam Button at forexlive.com.
Source: SNB's Jordan: Swiss inflation above 3% is 'clearly too high' (https://forexlive.com/centralbank/snbs-jordan-swiss-inflation-above-3-is-clearly-too-high-20221007/https://forexlive.com/centralbank/snbs-jordan-swiss-inflation-above-3-is-clearly-too-high-20221007/)
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