SNB Jordan
  • We have to take inflation development seriously
  • Some of this inflation is certainly temporary. We expect it to come down again.
  • All central banks have to be careful that it doesn't become permanent, and that requires close monitoring of the situation.
  • US Fed raising rates is a good sign for US economy, shows it is working at capacity.
  • Fed raising rates also means that interest rates around the world are going up a little bit, that's positive news for us
  • In the medium and long term monetary policy must ensure that inflation is always within the price stability range.