Roth Says Swiss National Bank May Lift Rates Further (Fre/Ger)
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Roth Says Swiss National Bank May Lift Rates Further (Fre/Ger)
Swiss National Bank President Jean-Pierre Roth speaks at a news conference in Bern about the bank's decision to raise interest rates to a six-year high today, risks to inflation and the outlook for economic growth. The SNB increased the three-month Libor target rate by a quarter-point to 2.5 percent, the highest since September 2001. Governing board members Philipp Hildebrand and Thomas Jordan also speak. (This report is in French and German. Source: Bloomberg)
Bloomberg | June 14, 2007
