SNB's Jordan: No reason to change policy stance

Author: Justin Low | Category: Central Banks

Remarks by SNB chairman, Thomas Jordan

  • Expansionary policy is right for the time being
  • Swiss franc is still very high and inflation is low
  • If major central banks take a step towards normalisation, it is a good sign for the global economy and for the SNB
Pretty much the same old, same old from Jordan. With or without the pandemic, the SNB is stuck between a rock and a hard place so don't expect much of anything else in the months and years ahead from the central bank.Invest in yourself. See our forex education hub.

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