Chairman Jordan of the Swiss National Bank says Bank doing all it can to curb inflation

SNB Chair Thomas Jordan spoke with newspaper SonntagsBlick in an interview ahead of the Bank's upcoming policy decision due on March 23:

• "At the moment inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is too high in our country and we are doing everything we can to bring it back into the area of price stability"
• "Price stability is our main task. We define that conservatively as inflation of less than 2%"

Jordan spoke last week, hinting at the potential for higher rates ahead:

• SNB Chairman: We cannot rule out that we will have to tighten monetary policy again

The interview Jordan gave with SonntagsBlick will be his last public comment ahead of the SNB's policy meeting on the 23rd.