Jordan, president of the Swiss Central Bank: the inflation rate is still higher than the level welcomed by the central bank.

[Swiss central bank president Jordan: inflation is still higher than the level liked by the central bank] May 11, Swiss central bank president Jordan said that the inflation rate is still higher than the level welcomed by the central bank; the SNB's previous swift action helped prevent inflation from rising further; the appreciation of the Swiss franc's nominal exchange rate was mainly caused by inflation in overseas markets. The current policy is not tight enough to restore price stability.