SNB's Roth sees continued rate hikes

Swiss National Bank president Jean-Pierre Roth said in an interview with Swiss Sunday paper NZZ am Sonntag that the SNB will continue its policy of gradual interest rate hikes.

"We will stick to a strategy of gradual interest rate rises," Roth told NZZ am Sonntag.

In the interview Roth cited full-employment, crude oil prices and weakness in the franc as the main challenges to the Swiss national bank's price stability policy.

He said that the Swiss jobless rate could fall below 3 pct in the 2007