SNB President Schlegel: We can't wait until all the evidence of the effects of the second round of inflation comes to light. Interest rate cuts are still possible this year, depending on the external environment and a credible deficit reduction path.

SNB President Schlegel: We can't wait until all the evidence of the effects of the second round of inflation comes to light. Interest rate cuts are still possible this year, depending on the external environment and a credible deficit reduction path.