SNB Doesn’t Have to Follow Peers on Transparency, Jordan Says

The Swiss National Bank should stick with its approach of not publishing minutes of policymakers’ discussions, according to President Thomas Jordan.

Asked about whether the SNB will in the future follow the lead of other central banks like the Federal Reserve, which release a record of how rate-setters reached their decisions, Jordan said Friday that his institution should continue with its current practice.

“I’m personally convinced that this is right for our situation,” he told an audience of media professionals in Lucerne, Switzerland. “We don’t always have to copy what others do, but have to do what we ...