In hindsight, monetary policy everywhere was too expansionary: Swiss central bank chief

Monetary argumentation has been "too expansionary" successful hindsight, according to the Chairman of the Swiss National Bank Thomas Jordan.

"Probably with the payment of hindsight monetary argumentation was each implicit the spot a small spot excessively expansionary," Jordan said, erstwhile asked by CNBC's Joumanna Bercetche if the existent economical concern would beryllium antithetic if the cardinal banking assemblage had reacted quicker to signs of inflation.

"We astir apt each underestimated inflationary unit successful 2021," Jordan told CNBC connected a sheet astatine the World Economic Forum successful Davos.

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