SNB’s Jordan: Changing monetary policy is far in the future

Additional headlines crossed the wires from the SNB Chairman Jordan, extending his speech on the Swiss monetary policy.

Key Points:

Negative rates have been a big success in Switzerland

Exiting loose policy will be difficult

Does not make sense for the Swiss franc-euro rate differential to narrow

Rates could be raised without shrinking the balance sheet

Changing monetary policy is far in the future

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.