March 24 (Reuters) - Schweizerische Nationalbank SNBN.S:
SNB CHAIRMAN: POLICY INTEREST RATE IS MAIN TOOL, BUT THERE ARE SITUATIONS WHERE FOREX INTERVENTIONS ARE MORE SUITABLE
SNB CHAIRMAN: NEGATIVE INTEREST RATES WORKED IN THE PAST, BUT THEY HAD NEGATIVE SIDE EFFECTS
SNB CHAIRMAN: WE ARE PREPARED TO INTRODUCE NEGATIVE RATES, BUT THE HURDLE TO LOWER RATES INTO NEGATIVE AREA IS HIGHER
SNB CHAIRMAN: INTEREST RATE DIFFERENTIAL IS AN IMPORTANT DRIVER OF THE EXCHANGE RATE
Source text: [ID:]