SNB’s Jordan: Negative interest rates remain central to bank’s monetary policy

Following the Swiss Nation Bank (SNB) monetary policy announcement, Chairman Jordan is out on the wires now, addressing the post-policy press conference.

Key Quotes:

Negative interest rates remain central to bank’s monetary policy.

More to come ...

About the SNB Press Conference

The press conference of Swiss National Bank is held when rates are announced in June and December. It has 2 parts - first the prepared statements are read, then the conference is open to press questions. The questions often lead to unscripted answers that create market volatility.