Weekend - ECB's Rehn wants the Bank to adopt the Fed's inflation target approach

Author: Eamonn Sheridan | Category: Central Banks

Reuters report on weekend comments to media from the head of the Finnish central bank Rehn.

  • European Central Bank should accept an overshooting of its inflation target
  • wage inflation pressure in weak, "the economy can cope with lower levels of unemployment...without rapid inflation"
Link to Reuters here for (not very much) more

EUR/USD is circa 1.2166, barely changed form it late Friday level in US markets prior to their close. 

Reuters report on weekend comments to media from the head of the Finnish central bank Rehn.
Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose