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ZURICH, Sept 22 (Reuters) - The outlook for Swiss inflation suggested more policy tightening by the Swiss National Bank is still to come, SNB Chairman Thomas Jordan said after the central bank hiked its policy rate by three-quarters of a point on Thursday, as expected. read more

"If you look at our new conditional inflation forecast you see that there is a dynamic at the end of the forecasting horizon that goes upwards," he told a news conference.

"This clearly indicates that there is a likelihood that monetary policy will be further tightened."

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Reporting by John Revill, Silke Koltrowitz and Paul Arnold; Editing by Michael Shields

Our Standards: The Thomson Reuters Trust Principles.

Tagging: swiss national bank rate hike, swiss bank interest rates, swiss franc to euro, swiss bank rate hike.

via: Reuters.

The British currency has lost more than 19 percent against the dollar this year. €œConcerns over the U.K.'s fiscal position combined with its recessionary outlook and extremely high level of inflation leave the pound extremely vulnerable, analysts at Rabobank wrote in a note.

The British currency has lost more than 19 percent against the dollar this year. €œConcerns over the U.K.'s fiscal position combined with its recessionary outlook and extremely high level of inflation leave the pound extremely vulnerable, analysts at Rabobank wrote in a note.

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