BERLIN -- Switzerland's central bank now faces higher hurdles to reintroducing negative interest rates, its head acknowledged after the bank decided in mid-June to cut its key rate to zero.
Interview
Hurdles to negative rates 'certainly higher': Swiss central bank chief
Martin Schlegel warns of side effects if policy rate is pushed back under zero
The Swiss central bank is prepared to intervene in foreign exchange markets as needed, Chairman Martin Schlegel told Nikkei. (Photo by Takero Minami)
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