ECB’s Rehn Sees Direction Clear on Rates as Inflation Stabilizes
Olli Rehn, a member of the European Central Bank's Governing Council, indicated that interest rates are expected to decline as inflation stabilizes around the 2% target. He emphasized that the direction of monetary policy is now clear, but the pace and extent of rate cuts will depend on incoming data and thorough analysis during each meeting. Rehn also expressed concerns regarding potential risks from U.S. trade policies.
