Price stability must remain top priority: SNB’s Jordan

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The massive economic shocks of recent years are bound to impact the way in which central banks work, but price stability should remain the top priority for monetary policy, Thomas Jordan, the vice chairman of the Swiss National Bank's governing board, said on Wednesday.

"I am convinced that a strategy geared to medium and long-term price stability is vital for effective implementation of monetary policy. After all, the economic benefits of stable prices are undisputed. High and volatile

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