ECB's Rehn Indicates Confidence in Rate Stability Amid Stabilizing Inflation
In a recent statement, European Central Bank (ECB) policymaker Olli Rehn expressed a positive outlook regarding the direction of interest rates, as inflation rates within the Eurozone begin to show signs of stabilization. Rehn, who serves as the Governor of Finland's central bank, underscored the necessity for a careful approach in the current economic environment, which has been characterized by significant volatility in inflation metrics.
Continue readingECB's Rehn Warns of Weak Growth Intensifying Disinflation Pressures
European Central Bank (ECB) policymaker Olli Rehn recently sounded the alarm about the prevalent weak growth in the eurozone, suggesting it could lead to heightened disinflationary pressures. During a speech on October 22, 2024, Rehn underscored the need for careful scrutiny of the current economic landscape, arguing that the additional challenges posed by sluggish growth may complicate the ECB’s efforts to stabilize prices across member nations.
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