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 is one of the main concerns for the European economy discussed in the video?

• A strong economic growth

• A no-deal Brexit

• High inflation rates

• Decreasing geopolitical risks

How does Switzerland plan to handle economic downturns?

• By increasing interest rates

• By implementing new taxes

• By maintaining negative interest rates and readiness to intervene

• By reducing government spending

What is the current stance of the Swiss National Bank on changing monetary policy?

• They plan to increase interest rates soon

• They see no need to change the current policy

• They are considering reducing interest rates further

• They are planning to introduce new financial regulations

What is a major concern for the global economy in 2019 according to the video?

• The rise of new technology

• Increasing oil prices

• Political mistakes and trade disputes

• Decreasing population growth

How do markets typically respond to the Swiss National Bank's monetary policy?

• They ignore the policy changes

• They generally understand and react accordingly

• They react unpredictably

• They often misinterpret the policy