<p>SNB Chair Thomas Jordan spoke with newspaper SonntagsBlick in an interview ahead of the Bank’s upcoming policy decision due on March 23:</p><ul><li>“At the moment <a target=“_blank“ href=“https://www.forexlive.com/terms/i/inflation/“ class=“terms__main-term“ id=“ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa“ target=“_blank“>inflation</a> is too high in our country and we are doing everything we can to bring it back into the area of price stability“</li><li> „Price stability is our main task. We define that conservatively as inflation of less than 2%“</li></ul><p>Jordan spoke last week, hinting at the potential for higher rates ahead:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/snb-chairman-we-cannot-rule-out-that-we-will-have-to-tighten-monetary-policy-again-20230307/“ target=“_blank“ rel=“follow“ data-article-link=“true“>SNB Chairman: We cannot rule out that we will have to tighten monetary policy again</a></li></ul><p>The interview Jordan gave with SonntagsBlick will be his last public comment ahead of the SNB’s policy meeting on the 23rd. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.