Governing Council member Olli Rehn on the ECB's policy of interest rate cuts: it's going to cease being restrictive in the near future. “We are confident that inflation will stabilize at its target as projected, I would estimate, during the spring and summer.”

Governing Council member Olli Rehn on the ECB’s policy of interest rate cuts: it’s going to cease being restrictive in the near future. “We are confident that inflation will stabilize at its target as projected, I would estimate, during the spring and summer.”

And he told that at the ECB’s next meeting, “we will have access to the ECB’s forecast update, which will refine the picture of inflation stabilization”. Moreover: there’s one important thing that could change the outcome – US trade policy.

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Governing Council member Olli Rehn on the ECB’s policy of interest rate cuts: it’s going to cease being restrictive in the near future. “We are confident that inflation will stabilize at its target as projected, I would estimate, during the spring and summer.”

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