Rehn says ECB to stay accommodative
FILE PHOTO: Governor of the Bank of Finland, Olli Rehn attends a Reuters Newsmaker event in London, Britain, May 29, 2019. REUTERS/Hannah McKay
HELSINKI (Reuters) - The European Central Bank's accommodative monetary policy will continue until inflation expectations return clearly close enough to 2% and its effects are visible on core inflation, Finnish policymaker Olli Rehn said on Thursday.
Last week the ECB left policy unchanged, keeping money taps wide open and further stimulus ready as the euro zone economy continues to be impacted by broader global turmoil.
(Reporting by Anne Kauranen; editing by John Stonestreet)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- European shares snap four-week winning streak on tech selloff, US-Iran war
- Fed report cites 'stepped-up' inflation due to tariffs, Iran war, AI buildout
- Ryanair passenger partially sucked out of window on flight from Greece
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share