ECB's Rehn: Eurozone core inflation remains subdued

Author: Justin Low | Category: Central Banks

He's really not happy about the inflation rate, isn't he?

  • Eurozone growth not headed for a recession
  • But region is to experience a slower growth phase
Not exactly pretty words from Rehn but it isn't anything that we haven't heard before from ECB governing council members in the past. EUR/USD sits at 1.1318 currently, still mired between large expiries between 1.1300-25.

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