SNB's Jordan: We are no longer focusing on forex sales

<ul><li>Inflation pressures have decreased slightly but uncertainty remains high</li><li>Swiss inflation likely to rise in the coming months</li><li>Assessment for upside and downside risks for inflation are currently balanced</li><li>Will adjust monetary policy if necessary to keep within price stability goal</li></ul><p>This further solidifies the notion that they have moved to a more neutral policy stance, with the change in language in the statement earlier also reflecting that.</p>

This article was written by Justin Low at www.forexlive.com.