The Bank of Israel hosted on Tuesday the Chairman of the Governing Board of the Swiss National Bank (SNB), Thomas J. Jordan. The Chairman of the Governing Board of the SNB held meetings with the Governor of the Bank of Israel and members of the Monetary Committee. In the meetings, the sides exchanged views and opinions on developments in the Israeli and Swiss economies, and monetary policy considerations in the two countries. The Chairman then addressed a forum of managers and senior economists at the Bank on monetary policy and the macroeconomic situation in Switzerland.

 

The Governor of the Bank of Israel, Dr. Karnit Flug, said, “Despite the numerous differences, we found that there are quite a few similar developments and considerations facing decision makers in the two countries. I was happy for the opportunity to host the Chairman of the Governing Board of the Swiss National Bank in Israel, to learn about monetary policy in Switzerland and the challenges facing the SNB, and to present developments and policy measures in Israel.”

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