Switzerland Not a Currency Manipulator, SNB's Jordan Says

The video discusses Switzerland's stance on currency manipulation, explaining why it is not a manipulator by highlighting the appreciation of the Swiss franc and low inflation rates. It also covers the economic measures taken by Switzerland, such as interventions and negative interest rates, to combat deflation. The video contrasts these measures with alternatives like QE, which are less feasible due to Switzerland's small bond market.

What challenges does Switzerland face regarding its internal bond market?

Why are interventions considered the only effective instruments in Switzerland's economic strategy?