Switzerland’s Jordan on extraordinary monetary policy and sovereign money

SNB governor speaks about currency intervention, negative rates and reserves diversification

L to R: Christopher Jeffery and Thomas Jordan
Louis Rafael Rosenthal

You became chairman of the Swiss National Bank (SNB) under difficult circumstances following the forced resignation of your predecessor, Philipp Hildebrand, in 2012. Can you describe how events unfolded? What did you do immediately and in the medium term to ensure you could successfully carry out your role?

An unforeseen resignation of the chairman is always a very delicate situation for an institution. Under the circumstances, the first task for my board colleagues and me was to ensure the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.