ECB’s Rehn: The direction of our monetary policy is clear
by Dhwani Mehta · FXStreetEuropean Central Bank (ECB) policymaker Olli Rehn said on Tuesday that “the direction of our monetary policy is clear.”
Additional quotes
The speed and scale of rate cuts will be determined in each meeting.
It will depend on the basis of incoming data and comprehensive analysis.
Inflation is more clearly starting to stabilise at the 2% target.
Meanwhile, his colleague Peter Kazimir noted that “we will discuss the neutral rate once we near 2.5%.”
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