SNB's Schlegel: SNB doesn't like negative rates but they do work

  • Further remarks on negative rates from SNB's Chairman Schlegel
  • SNB doesn't like negative rates but they do work.
  • SNB will use negative rates again if it has to.
  • Negative rates did lessen the franc's attractiveness.
  • SNB looks at the whole franc situation, not just the euro.
SNB Schlegel

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