SNB’s Jordan warns against ‘overburdening’ monetary policy


The Swiss National Bank (SNB) governing board chairman, Thomas Jordan, emphasised the danger of "overburdening" monetary policy with fiscal duties, in a speech in Zurich on November 16.

Unconventional interventions during the crisis were a huge success, he told an audience at the Swiss Banking Global Symposium, but as a result, politicians and the general public now have higher expectations of what central banks can achieve with regard to economic management.

Jordan was at pains to distance cent

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