The USD/CHF pair rebounded on Tuesday, reaching around 0.9130 during the European session. The US Dollar strengthened, possibly in response to hawkish comments from Federal Reserve officials suggesting no immediate need for rate cuts. Fed Chair Jerome Powell mentioned that it may take longer than expected to see progress towards the 2% inflation target. Fed Governor Michelle Bowman also expressed concerns about potential upside risks to inflation. On the Swiss side, the KOF Leading Indicator showed positive development in the domestic economy, with a slight increase in April. Swiss National Bank Chairman Thomas J. Jordan emphasized the bank’s commitment to monitoring inflation closely and readiness to lower interest rates further if necessary. Overall, while the Swiss economy shows signs of stability, uncertainties remain high.