News list for " Governing Council Member Rehn said"

Inflation was moving steadily back towards the 2 per cent target across the eurozone, but weak economic growth raised the risk of further price declines, said Mr. Rehn, the ECB's governing body. "The disinflationary process in the eurozone is on track," he said. "The growth outlook has weakened significantly over the past few months, which could also increase the pressure for further declines in inflation." He said interest rate cuts were continuing, but he would not say how fast or how far they...

2024-10-22 21:59:59