By
Reuters
Published
December 4, 2024
Finnish ECB policymaker Olli Rehn sees increased justification for a rate cut in December and believes an easing of monetary policy is likely to continue in the coming months, he told Finnish daily Helsingin Sanomat on Wednesday.
Rehn in the interview pointed to a fragility of the economic growth in the euro area and the slowing of inflation to around 2%, which is the target of the European Central Bank.
“These factors have increased the justification for lowering the key interest rate in December, and this direction of monetary policy is likely to continue in the coming months,” Rehn told the Finnish daily.
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