SZ Gov Board Member Jordan Speaks
SNB Governing Board members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
Governing Board member May 2007 - Apr 2013. In Jan 2012 his title changed from Vice-Chairman to Interim Chairman. In Jan 2010 his title changed from Board Member to Vice-Chairman;
- History
Expected Impact / Date | Description |
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Feb 28, 2012 | Due to speak at the Neue Zürcher Zeitung Podium, in Zurich; |
Feb 7, 2012 | Due to speak at the Swiss-American Chamber of Commerce, in Geneva; |
Nov 8, 2011 | Due to deliver a speech titled "Government Debt and the Independence of Monetary Policy" at the International Europa Forum, in Lucerne; |
Nov 7, 2011 | Due to speak at the International Europa Forum, in Lucerne; |
Sep 28, 2011 | Due to speak at the Statistical Economic Society, in Basel; |
May 17, 2011 | Due to speak at the Graduate Institute, in Geneva; |
Feb 1, 2011 | Due to participate in a panel discussion titled "The Globalised Crisis - Economic Challenges for Switzerland and Austria" at the Austrian National Bank, in Vienna; |
Jan 12, 2011 | Due to deliver a speech titled "What Will 2011 Bring? An Outlook from the Swiss National Bank's Point of View" at the FDP Graubuenden New Year event, in Reichenau; |
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- SZ Gov Board Member Jordan Speaks News
The most recent financial and economic crisis has resulted in an unprecedented rise in public debt. However, a chronic tendency towards deficits and higher indebtedness has already been observed in a number of countries for the past few decades. Excessive public debt has a negative impact on long-term economic growth, and deprives a country of its freedom of action during a crisis. Sound state finances are thus essential for ensuring an economy's competitiveness and maintaining its social security system, and hence also for social ...
Since last summer, Switzerland has been suffering the effects of the negative developments in the global economy, and particularly the escalating debt crisis in the euro area. The uncertainty over the debt crisis led to a massive appreciation of the Swiss franc during the summer months. In their search for safe financial assets, investors drove the Swiss franc to an all-time high against the euro in early August, which posed an acute threat to the Swiss economy and carried the risk of deflationary developments. In response, the Swiss ...
SNB Will Aggressively Enforce EUR/CHF Floor - Jordan Won't tolerate EUR/CHF breaching 1.2000
Monetary policymakers are not responsible for fiscal policy, yet they still have to take an active interest in government finances. The current financial and debt crisis reminds us that unsound government budgets can compromise independent monetary policy in the long term. Excessive debt carries the risk that fiscal policy can no longer be effectively implemented. It is therefore no surprise that this responsibility gets passed to the central bank, which is thought to be able to solve all manner of problems by simply printing more ...
The Swiss National Bank will take further steps following its imposition of a cap on the franc if it believes they are warranted, the central bank's vice chairman said on Monday. After the safe-haven franc nearly touched parity with the euro, the SNB capped the currency at 1.20 francs per euro in September and pledged to defend that level with all means necessary. "If the franc suffers an appreciation that's no longer tolerable, then we take steps to push deflationary risks out of the way. And we did that," Vice Chairman Thomas ...
Switzerland is facing a growing threat from falling prices, official data showed Monday, just two months after the central bank announced a dramatic policy to drive down the value of the currency and maintain price stability. The Swiss consumer price index fell 0.1 percent in October from September and was also down 0.1 percent from a year earlier, the Federal Statistics Office said in Neuchâtel. That comes on the heels of a report last month showing producer and import prices falling 0.1 percent in September from August and 2 ...
Released on Feb 28, 2012 |
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Released on Feb 7, 2012 |
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Released on Nov 8, 2011 |
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Released on Nov 7, 2011 |
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Released on Sep 28, 2011 |
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