Advertisement
U.S. markets close in 4 hours 15 minutes
  • S&P 500

    4,583.66
    +15.86 (+0.35%)
     
  • Dow 30

    36,107.20
    +156.31 (+0.43%)
     
  • Nasdaq

    14,252.46
    +26.24 (+0.18%)
     
  • Russell 2000

    1,839.91
    +30.89 (+1.71%)
     
  • Crude Oil

    76.27
    +0.31 (+0.41%)
     
  • Gold

    2,075.70
    +18.50 (+0.90%)
     
  • Silver

    25.68
    +0.02 (+0.10%)
     
  • EUR/USD

    1.0883
    -0.0011 (-0.10%)
     
  • 10-Yr Bond

    4.2650
    -0.0870 (-2.00%)
     
  • GBP/USD

    1.2681
    +0.0054 (+0.42%)
     
  • USD/JPY

    146.9250
    -1.2400 (-0.84%)
     
  • Bitcoin USD

    38,758.62
    +1,051.57 (+2.79%)
     
  • CMC Crypto 200

    801.35
    +9.79 (+1.24%)
     
  • FTSE 100

    7,531.59
    +77.84 (+1.04%)
     
  • Nikkei 225

    33,431.51
    -55.38 (-0.17%)
     

SNB won't hesitate on further hike to keep inflation down - Jordan

BERLIN, Sept 21 (Reuters) - The Swiss National Bank will not hesitate to raise interest rates again to keep inflation below its 2% target, Chairman Thomas Jordan said on Thursday, after the central bank unexpectedly kept its interest rate on hold.

"The situation allows us to wait for now and review at the next monetary policy assessment whether the monetary policy measures we have taken to date are sufficient to keep inflation within the price stability range on a sustainable basis," said Jordan in comments he was due to make after the SNB's latest interest rate decision.

"We will not hesitate to tighten our monetary policy further if necessary in order to keep inflation below 2% on a sustainable basis." (Reporting by John Revill, Editing by Rachel More)

Advertisement