SNB’s Jordan: Inflation battle is not over

• Given “comfortable” level of Swiss inflation, the best solution is to wait and see
• Have to see what happens over the next 3 months
• Clear focus is on price stability
• We are not reacting to weakening in the economy, but to lower inflation

I guess if any central bank has a case to make for pausing, it would be the SNB as depicted in this chart here.