ECB's Rehn: Rates can be cut if confidence on inflation progress continues to strengthen
In his words: "If the confidence that inflation is approaching its target in a sustainable manner continues to strengthen, the restrictiveness of monetary policy can be reduced - that is rates can be reduced in plain English."Just some token remarks there by Rehn. This article was written by Justin Low at www.forexlive.com.
In his words: "If the confidence that inflation is approaching its target in a sustainable manner continues to strengthen, the restrictiveness of monetary policy can be reduced - that is rates can be reduced in plain English."
Just some token remarks there by Rehn. This article was written by Justin Low at www.forexlive.com.
