The Swiss National Bank could cut its main interest rate even further into negative territory if it had to, SNB Chairman Thomas Jordan said in a radio interview, reiterating it was too early to consider tightening its ultra-loose policy. The SNB always weighs the risks and benefits of adjusting policy, Jordan told Swiss broadcaster SRF in the interview recorded on Friday and aired on Saturday. “At the moment it is very clear that the current monetary policy is the right one. We could certainly cut interest rates again if absolutely necessary, but that is not something we aim to do for now,” he said. He would not be ... (full story)