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SNB’S JORDAN: MONETARY POLICY SHOULD REMAIN FOCUSED ON INFLATION

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Swiss National Bank (SNB) Chairman Thomas Jordan told Switzerland's national broadcast on Saturday that monetary policy should remain focused on price stability, per Reuters. 

Key quotes

"In many countries, the debt level is too high, deficits are too big.”  

"That cannot be sustainable and will have to be corrected in the future.”

"It is very important that at the same time, monetary policy remains geared towards price stability, rather than monetary policy being needed to finance debt, otherwise it will not end well


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