Swiss National Bank does not rule out more interest rate hikes

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH, March 7 (Reuters) - The Swiss National Bank cannot rule out that it will have to raise interest rates again to fight inflation, Chairman Thomas Jordan said on Tuesday. "We cannot rule out that we will have to further tighten monetary policy," said Jordan in his final public appearance before the SNB makes its next decision on interest rates on March 23. The central bank was also ready to intervene in currency markets, buying and selling foreign currencies, to achieve its goal of price stability, Jordan told an event in Zurich.
(Reporting by John Revill Editing by Chris Reese)

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