Swiss National Bank's Schlegel says will conduct more forex intervention if necessary

Martin Schlegel is Vice Chairman of the Governing Board of the Swiss National Bank.

  • If necessary we will continue to raise interest rates
  • Current Swiss interest rates not particularly high, no danger to financial stability
  • Central bank will continue market interventions, sell forex if necessary

Speaking on Swiss broadcaster Schweizer Radio und Fernsehen (SRF). Headlines via Reuters.

Schlegel

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