SNB’s Jordan does not rule out further rate hikes

ZURICH (Reuters) – The Chairman of Switzerland’s National Bank on Tuesday said the central bank was not ruling out further rate hikes.

“If we see that the current monetary policy is not restrictive enough to ensure price stability in the long term, then we will have to make another interest rate move,” Thomas Jordan said in an interview with local television station TeleZueri.

(Reporting by Noele Illien; editing by Matthias Williams)