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SNB's Schlegel says Switzerland in comfortable spot on inflation
Swiss National Bank chairman Martin Schlegel said Switzerland is in a comfortable position on inflation, signaling that price pressures in the country are under control and giving the central bank room in its monetary policy stance. The remark points to a benign inflation outlook for the Swiss economy compared with other countries still wrestling with elevated prices.
Why now: Comments from the SNB chairman on inflation feed expectations about future Swiss interest rate decisions.
Martin SchlegelSwiss National BankSwitzerland
Evidence
- SNB's Schlegel says Switzerland in comfortable spot on inflation · investingLive
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