SNB maintains policy of 'correcting' rates

Switzerland's central bank will stick to its goal of "correcting" the country's main interest rate to keep inflation from accelerating, Swiss National Bank President Jean-Pierre Roth said Wednesday 2 November.

``It would be a mistake not to continue our policy of normalizing interest rates,'' Roth told reporters in Geneva before giving a speech there. ``We consider the interest rate level is not appropriate for an economy which is recovering and gaining momentum."

``Our policy must ensure'' price

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