Swiss National Bank (SNB) president Thomas Jordan identifies weakened Swiss franc as the main risk to Swiss inflation.

Swiss National Bank (SNB) president Thomas Jordan says the weakened Swiss franc is the main risk to Swiss inflation. The SNB could counteract this by selling foreign exchange. The franc has dropped to its weakest level in over a year, and Jordan noted that there are reasons to believe the natural rate of interest may increase, posing a small upward risk to the inflation forecast.