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  • ECB's Governing Council member Rehn: If the confidence that inflation is moving sustainably towards the target continues to strengthen, the restrictiveness of monetary policy can be reduced
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15.05.2024

ECB's Governing Council member Rehn: If the confidence that inflation is moving sustainably towards the target continues to strengthen, the restrictiveness of monetary policy can be reduced

European Central Bank Governing Council member Olli Rehn said on Wednesday that if the confidence that inflation is moving sustainably towards the target continues to strengthen, the restrictiveness of monetary policy can be reduced. He also reminded that the ECB's policymakers gave a conditional signal about interest-rate cuts in June at their April meeting.

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