ECB rate cuts are supportive of growth

European Central Bank (ECB) policymaker Olli Rehn said on Friday that “ECB rate cuts are supportive of growth.”

Additional quotes

Current uncertainties emphasize the dependence on fresh data on the economy.

Will base decisions on the assessment of the inflation outlook, dynamics of core inflation, and also the strength of monetary policy transmission.

 

Source: https://www.fxstreet.com/news/ecbs-rehn-ecb-rate-cuts-are-supportive-of-growth-202409130630