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(Bloomberg) For Swiss National Bank President Thomas Jordan, the franc’s precipitous drop to a 20-month low against the euro has come at a helpful moment after an open season for attacks on his policies. Just over two weeks ago, his institution endured one of the most stinging critiques of its monetary regime in recent years, as a trio of prominent economists accused officials of not trying hard enough to stoke inflation. That followed a salvo three months earlier from the opposite perspective as the U.S. Treasury under Donald Trump’s former administration branded Switzerland a manipulator, damning its framework for capping currency gains with interventions. Now, after portfolio shifts by global investors positioning for higher inflation sent the franc down 3% within a fortnight, crossing the 1.10 per euro mark, SNB officials suddenly have breathing space on both fronts. With the Swiss economy suffering due to the pandemic, the weaker currency can give growth and inflation a welc

Republic ofUnited statesStefan gerlachNadia gharbiBanque pictet cieThomas jordanCharles wyploszYvan lengwilerGeneva graduate instituteEuropean central bankSwiss national bankUniversity of baselSwiss national bank president thomas jordanDonald trumpAlessandro beeGraduate institute