Central Banks
SNB Doesn’t Have to Follow Peers on Transparency, Jordan Says
- Not publishing meeeting minutes is ‘right’ for SNB’s situation
- Swiss central bank president speaks at media forum in Lucerne
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The Swiss National Bank should stick with its approach of not publishing minutes of policymakers’ discussions, according to President Thomas Jordan.
Asked about whether the SNB will in the future follow the lead of other central banks like the Federal Reserve, which release a record of how rate-setters reached their decisions, Jordan said Friday that his institution should continue with its current practice.