Outgoing SNB President Thomas Jordan defends his 12-year tenure, focusing on maintaining 0-2% inflation and decisions like scrapping the currency cap and negative interest rates.
Outgoing Swiss National Bank (SNB) President Thomas Jordan defends his 12-year tenure, stating his "boring" approach was necessary for Switzerland's economic success amid financial crises. Jordan emphasizes the bank's focus on maintaining 0-2% inflation and defends decisions like scrapping the currency cap and negative interest rates. He is not considering political office post-SNB.
July 27, 2024
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