SNB’s Jordan: Real Franc appreciation hurts, yet no recession in sight

<p><img width="545" height="316" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-swiss4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>SNB Chairman Thomas Jordan, in his overnight address at an event, acknowledged the impact of the Franc’s nominal appreciation on lowering inflation. However, he warned, the “Franc has also appreciated in real terms in 2023. And that hurts, companies feel that.” Despite the challenges posed by Franc’s appreciation, Jordan expressed confidence in the Swiss economy’s […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/536550-snbs-jordan-real-franc-appreciation-hurts-yet-no-recession-in-sight/">SNB’s Jordan: Real Franc appreciation hurts, yet no recession in sight</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>