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Swiss National Bank chairman sees inflation rise as temporary

© Reuters. FILE PHOTO: The Swiss National Bank (SNB) logo is pictured on its building in Bern, Switzerland April 2, 2022. REUTERS/Arnd Wiegmann

ZURICH (Reuters) – The Swiss National Bank sees the current increase in inflation in Switzerland as a temporary phenomenon, Chairman Thomas Jordan said on Tuesday, although the central bank would keep a close eye on the situation.

“Personally I believe a substantial amount of the inflation today may be temporary,” he told an event in Washington. “But nevertheless there is a relatively big risk that some of this temporary inflation feeds into permanent inflation where all goods and services are impacted,” he added.

Swiss National Bank chairman sees inflation rise as temporary

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