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SNB’s Jordan “relatively comfortable” with inflation

Interest rates are our main policy toolAlso ready for forex interventions

Given a cyclical slowing and potential for a hard landing in the US and other parts of the global economy, there’s a good case to buy the Swiss franc and I think that willingness to intervene will be tested.

His comments on inflation are a preview of what’s coming from others — the market has clearly moved beyond inflation.

This article was written by Adam Button at www.forexlive.com.

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