Speaking to CNBC's Joumanna Bercetche in Bern following the central bank's monetary policy announcement, SNB Chairman Thomas Jordan said increased trade tensions would have a "very negative impact" on the economy.
The Swiss National Bank is watching the U.S.-China trade war, Brexit and the Italian fiscal situation "very closely," after it held its policy of negative interest rates and readiness to intervene in foreign exchange markets.
SNB_BNS_en needs to review its role. Is it a central bank? Or an investment bank. It thinks it is an investment bank. So play the risks of that role.
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