SNB dismisses ‘politically motivated’ reformsGuest Post
SNB dismisses ‘politically motivated’ reforms
Apr 29, 2016 - 12:04
The Swiss National Bank (SNB) has rejected two proposals, calling for the establishment of a sovereign wealth fund and for a change in money printing policy, which would turn the independent central bank into a “political football”.
At its annual general meeting on Friday, the SNB also dismissed separate plans to expand its governing beyond its current three members and to extend its mandate into stabilising employment and exchange rates.
The raft of reform proposals were sparked by the SNB’s failed attempt to peg the franc . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible