SNB's Jordan Says His Biggest Concern Is `Political Mistakes'

The transcript discusses the changing mood in the world economy, highlighting increased uncertainty and geopolitical risks. It focuses on the potential impact of a no-deal Brexit on the European and Swiss economies, as well as financial markets. The discussion covers monetary policy tools, including negative interest rates, and the readiness of central banks to intervene if necessary. The transcript also addresses market reactions to monetary policy and the importance of political decisions, particularly concerning the China-USA trade dispute and Brexit, in shaping economic outcomes.

What are the current sentiments regarding the world economy?

What is the biggest risk associated with Brexit according to the text?

How does the speaker view the tools available to deal with economic downturns?

What is the correlation between monetary policy and market reactions as described in the text?

What concerns does the speaker have regarding political decisions in 2019?