SNB's Jordan Sees 'No Reason' to Change Monetary Policy

The video discusses the current monetary policy stance, emphasizing no immediate need for change despite weaker inflation and growth outlooks. It highlights Brexit's impact on currency, with the Swiss franc acting as a safe haven. The video addresses criticisms of Swiss interest rates, focusing on maintaining price stability. It evaluates UBS and Credit Suisse's progress on leverage ratios and discusses risks in the residential investment property market, urging caution in bank financing.

What is the current stance on monetary policy in the euro area?

• To maintain the current expansionary policy

• To decrease interest rates

• To increase interest rates

• To introduce new asset purchases

How has Brexit influenced the Swiss franc recently?

• It has remained stable

• It has depreciated significantly

• It has been unaffected

• It has appreciated as a safe haven

What is the main reason for not changing Switzerland's interest rates currently?

• Political pressure

• Mandate to maintain price stability

• Above-trend growth

• High inflation forecast

What progress have UBS and Credit Suisse made regarding leverage ratios?

• They have increased capital levels but need further improvements

• They have decreased their leverage ratios

• They have fulfilled all requirements

• They have not made any progress

What is the main concern in the residential investment property market?

• Decrease in property prices

• Lack of construction

• Banks' risk appetite for financing

• Oversupply of flats