SNB vice chairman Zurbrügg to step down at the end of July 2022

  • A press release from the Swiss National Bank

The talking heads may change but don't expect any change to SNB policy whatsoever. I reckon this passage in the statement sums it up quite nicely:

"Fritz Zurbrügg’s activities at the SNB have been shaped by the low interest rate environment worldwide, various international crises and the extraordinary measures the SNB has had to take to ensure price stability."

Expect whoever that takes up his post to walk down a similar path.

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