SNB says rates won't stay low for long

A recovery in the Swiss economy will probably take interest rates higher sooner rather later, according to a central bank board member in a newspaper interview published on Wednesday 17 August.

"We are not of the opinion that interest rates can stay at the current low level for very long as long as the economic recovery continues," he told the weekly HandelsZeitung in an interview.

The central bank would not lower its growth forecasts again this year after doing so in March, Blattner said, desp

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