SNB's Jordan Sees 'Some Tightening' Ahead

The video discusses Switzerland's low inflation compared to other countries, attributing it to factors like a strong Swiss franc and lower energy weight in the CPI. It explores future inflation trends, core inflation concerns, and the potential need for further monetary policy tightening. The concept of a terminal rate is debated, with a focus on quarterly economic analysis. Exchange rates' impact on inflation is analyzed, and the video concludes with a discussion on market perceptions and economic uncertainty.

What is one reason for Switzerland's lower inflation compared to other countries?

• Lower weight of energy in CPI

• Weak Swiss franc

• High starting inflation levels

• Higher energy prices

What is the Swiss central bank's target for inflation in the medium to long term?

• Above 3%

• Consistently below 2%

• Exactly 2%

• Between 2% and 3%

What is a significant factor affecting Swiss inflation from abroad?

• Foreign exchange rates

• Global energy prices

• Inflation levels in other countries

• International trade agreements

What approach does the Swiss central bank take towards setting interest rates?

• Annual review

• Quarterly analysis and forecast

• Bi-annual adjustments

• Monthly updates

How does the Swiss central bank view the term 'terminal rate'?

• As a flexible concept reviewed quarterly

• As an annual benchmark

• As a fixed target

• As a long-term goal

What is the Swiss central bank's stance on the current inflationary pressure?

• It is decreasing significantly

• It is negligible and allows for rate cuts

• It is stable and not a concern

• It is still present and may require further tightening

What is a concern if the Swiss franc becomes too strong?

• Inflation rate dropping close to zero

• Increase in energy prices

• Higher import costs

• Decrease in export demand