SNB’s Jordan Said to Join This Week’s Decision After Illness
Swiss National Bank President Thomas Jordan will participate in this week’s monetary policy decision after recovering from an operation, according to an official familiar with the matter.
A question mark was hanging over the governor’s attendance after the 58-year-old missed work because of a procedure in August. He’s been recovering and is in frequent contact with colleagues. An official return-to-work date hasn’t been set, Vice President Fritz Zurbruegg said on Sept. 11.
At Thursday’s decision, the SNB is likely to keep interest rates at a record low of -0.75% and reiterate its pledge to intervene in currency markets. It will probably also warn about risks building in the residential property market.
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