ECB’S REHN: STARTED DISCUSSION ABOUT REDUCING THE RESTRICTIVE DIMENSION OF MONETARY POLICY
European Central Bank (ECB) policymaker Olli Rehn spoke about the central bank’s interest rate outlook on Friday.
Key quotes
Started discussion about reducing the restrictive dimension of monetary policy.
Talk relates to when it is appropriate to start cutting interest rates.
If inflation continues to fall, can slowly start easing the foot off the brake pedal of monetary policy
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