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Headline : Being boring key to central bank success says SNBs Jordan

Read more from the original article on here at www.investing.com.






Tags : #being #boring #key #central #bank #success #says #snbs #jordan



No. of Paragraph 12

ZURICH (Reuters) - Central banking is not boring, although being prepared to carry the label is perhaps the key to success, departing Swiss National Bank Chairman Thomas Jordan said on Saturday.

Jordan, who is due to step down at the end of September, defended his record steering the central bank through a raft of crises over the past 12 years.

The executive has come under fire for being inflexible and sticking doggedly to his mantra of price stability, as well as not doing more to help Credit Suisse before the bank's implosion last year.

"What we do is not boring, that's a cliche," Jordan told the Bieler Tagblatt in an interview published on Saturday.

Read more from the original article on here at www.investing.com.


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