【European Central Bank Governing Council Member Rehn: Weak Economic Growth in Europe May Further Lower Inflation】Golden Financial reports that European Central Bank Governing Council Member Rehn stated that the inflation rate across the Eurozone is steadily returning to the 2% target level, but weak economic growth poses a risk of further price declines. Rehn said, "The anti-inflation process in the Eurozone is on the right track. In recent months, the growth outlook has clearly weakened, which may also increase the pressure for inflation to fall further." He believes that interest rate cuts are ongoing, but he will not disclose how fast or how far they need to go. Rehn stated that since our interest rates are still in a restrictive range, the direction of interest rate changes is clear. He also mentioned that the speed and scope of rate cuts will depend on the inflation outlook, the dynamics of potential inflation, and the strength of monetary policy transmission.