Thomas Jordan: Introductory remarks, Swiss National Bank news conference

Introductory remarks by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Media News Conference of the Swiss National Bank, Zurich, 16 December 2021.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
16 December 2021
by Thomas Jordan
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Ladies and gentlemen

It is my pleasure to welcome you to the Swiss National Bank's news conference. Owing to the coronavirus pandemic, we are once again unfortunately only able to meet virtually today.

In my remarks, I will begin by explaining our monetary policy decision and our assessment of the economic situation. Fritz Zurbrügg will report on developments in the area of financial stability. Andréa Maechler will then comment on the situation on the financial markets and the final steps with regard to replacing the Swiss franc Libor with SARON, as well as on SSFN, the new communications network for the Swiss financial sector. We will – as ever – be pleased to take your questions afterwards.