SNB's Jordan on communication in monetary policy

In the speech 'Communication in monetary policy: Experiences of the Swiss National Bank' given on 24 June Thomas Jordan of the Swiss National Bank said central banks have become significantly more transparent about their goals and procedures over the last two decades.

"The experiences of the SNB with its communication policy within the new monetary framework have been very positive. The public and the markets have interpreted incoming information broadly the same way as the SNB. Thus, they seem

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