SNB's Jordan: Strong Swiss franc continues to put pressure on Switzerland's monetary policy

Swiss National Bank (SNB) Chairman Thomas Jordan crossed the wires in the last hour, via Reuters, stating that a strong Swiss franc continues to put pressure on Switzerland's monetary policy.

Key quotes (via Reuters):

• Must almost assume global interest rate levels will not return to late 1990's levels
• SNB balance sheet can still be expanded so long as it brings rewards to the Swiss economy