The Swiss National Bank will review whether the policy measures take thus far were enough to keep inflation within the target range on a sustainable basis and stands ready to tighten policy further if needed, SNB Chairman Thomas Jordan said Tuesday.
Switzerland's central bank had kept unexpectedly the policy rate unchanged at 1.75 percent in September.
Policymakers had assessed that the significant tightening of policy over the past five consecutive meetings is countering inflationary pressures, though the bank left the door open for future hikes.
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by Jyotsna V
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