{"id":46914,"date":"2015-03-13T08:34:38","date_gmt":"2015-03-13T12:34:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46914"},"modified":"2015-03-13T08:34:38","modified_gmt":"2015-03-13T12:34:38","slug":"the-swiss-national-bank-central-bank-or-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2015\/the-swiss-national-bank-central-bank-or-hedge-fund.html","title":{"rendered":"The Swiss National Bank: Central Bank or Hedge Fund?"},"content":{"rendered":"<p>Forbes &#8211; Swiss National Bank (SNB) President Thomas Jordan must feel as though he can\u2019t get a break these days. The SNB reported a record $39.3 billion profit in 2014, and the proceeds were distributed to the country\u2019s various federal and regional governments as stipulated by law.<\/p>\n<p>Most of these profits came from foreign currency gains as SNB officials defended the floor placed under EUR\/CHF, which had been in effect since 2011. Jordan famously ditched the floor in January of this year, sending Swiss Francs to an all-time high against the Euro. Now, Swiss lawmakers are re-examining the SNB\u2019s independence as policymakers start to worry about their payments for 2015.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/michaellingenheld\/2015\/03\/12\/the-swiss-national-bank-central-bank-or-hedge-fund\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; Swiss National Bank (SNB) President Thomas Jordan must feel as though he can\u2019t get a break these days. The SNB reported a record $39.3 billion profit in 2014, and the proceeds were distributed to the country\u2019s various federal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46914","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=46914"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46914\/revisions"}],"predecessor-version":[{"id":46916,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46914\/revisions\/46916"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}