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.
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