SNB's Jordan: Have sufficient room to change policy and react to any shocks

Adding to his earlier comments, the Swiss National Bank (SNB) Chairman Thomas Jordan, in the post-meeting press conference, said that the central bank has sufficient room to manoeuvre on rates and react to any shock. 

Key quotes:

• Need to take the international environment for interest rates into account.
• Globally, the time for interest rate rises appears to have been pushed back.
• SNB is never explicit about FX market transactions.
• The international environment has had an impact on the Swiss economy.