Swiss National Bank (SNB) Governing Council Chairman Thomas J. Jordan told CNBC on Thursday that the bank sees no immediate need to tighten monetary policy further.
As for the Swiss franc, Jordan noted that its appreciation is not significant in real terms while reiterating the SNB's readiness to remain active in the foreign exchange market if necessary.
Looking ahead, Jordan mentioned that the SNB would closely examine the inflation forecast in March. His comments came as the bank keeps the interest rate unchanged at 1.75% and after the Swiss franc climbed to its highest since Jan. 2015 against the euro.
