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Martin Schlegel a likely candidate to replace Swiss National Bank's Jordan
- Jordan has spent 27 years at the Swiss National Bank
SNB chairman Thomas Jordan to step down from his position at the end of September 2024
- Jordan says that "now is the right time for me to step down", without elaborating further
SNB's Schlegel: We do not think that cash will disappear from use in Switzerland
- Remarks by the SNB vice chairman, Martin Schlegel
SNB head Jordan said Swiss inflation gained in January, but stayed within target range
- Jordan not hitting the panic button on rising inflation
SNB Jordan: Our expectation is that inflation will again rise a little
- SNBs Jordan speaking on inflation/economy
UBS predicts rise in EUR/CHF and also say that USD buying looks stretched
- Expect EURCHF to rise in response to European Central Bank policy
Swiss National Bank President Jordan spoke Tuesday on the CHF, inflation and the economy
- Latest market expectations are for a SNB rate cut in Q3 2024.
Swiss National Bank President Jordan spoke at Davos, emphasized the role of central banks
- Jordan said central banks should focus on price stability & supporting the economy. Not on climate change.
Swiss National Bank Chairman Thomas Jordan will be speaking Thursday
- At the WEF in Davos
Swiss National Bank expects an annual loss of around 3 billion CHF
- Due to the strong Swissy
Central bank events are still thin on the ground as holidays continue - FOMC minutes later
- Federal Open Market Committee (FOMC) minutes coming up on Wednesday US time
SNB sold nearly $45 billion worth of foreign currencies in Q3 2023
- This should change in Q4 as the Swiss central bank moves to the sidelines on monetary policy
SNB's Jordan: We believe monetary conditions are appropriate at the moment
- Further remarks by SNB chairman, Thomas Jordan
SNB's Jordan: We are no longer focusing on forex sales
- Remarks by SNB chairman, Thomas Jordan
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