SNB’s Jordan: Negative rates and interventions, if necessary, to continue

Negative rates and interventions, if necessary, will continue, Swiss National Bank (SNB) Chairman Thomas Jordan said after the monetary policy announcement on Thursday.

Additional headlines

We care a lot about the level of the Swiss franc.

If necessary, we continue to intervene in the forex market, this is crucial.

Negative rates and interventions, if necessary, to continue.

Normalization of global monetary policy is a positive.

Inflationary pressure in Switzerland is very low.