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Olli Rehn

All articles tagged with #olli rehn

economy12 days ago•5 min saved

ECB hawk warns protracted Middle East conflict could keep eurozone inflation elevated

ECB policy hawk Olli Rehn warns that a protracted Middle East conflict could keep euro-area inflation elevated, signaling a likely 25bp deposit-rate rise to 2.5% at the September meeting, while noting eurozone growth has held up and stressing caution to avoid an affordability crisis amid high energy prices.

via Financial Times|

#economy #european-central-bank #eurozone-economy

economics2 years ago•2 min saved

ECB Officials Signal Readiness for Interest Rate Cuts

European Central Bank officials, including Olli Rehn and Chief Economist Philip Lane, have signaled strong support for an interest rate cut next week, citing sustained disinflation in the euro area. With inflation holding steady at 2.4% in April, the ECB is likely to reduce its main rate from 4% at its June 6 meeting, potentially decoupling from the U.S. Federal Reserve's monetary policy stance.

via CNBC|

#economics #european-central-bank #inflation