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More from SNBs Schlegel: Last week we did not rule out further interest rate cuts

  • Have respect for all exporters, I know the strong Frank makes situation difficult for them.
  • The main problem first was exporters is the lower demand abroad.
  • Last week we did not rule out further interest rate cuts.
  • Cannot rule out any measures, but nobody likes negative interest rates.
  • The SNB cannot rule out negative interest rates. We rule nothing out.

This article was written by Greg Michalowski at www.forexlive.com.

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