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ECB’s Rehn: Monetary policy has dampened price pressures
European Central Bank (ECB) policymaker Olli Rehn said on Tuesday that the “monetary policy has dampened price pressures.” He added that “there has been considerable progress in bringing inflation down to target.” Market reaction The above comments add to the renewed downside in the EUR/USD pair, as it flirts with intraday lows near 1.0750, at the time of writing.
Fxstreet
Jun 11, 2024
ECB’s Kazimir: ECB should sit out the summer, not rush into another rate cut
European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said Monday, the central bank “should not rush into another rate cut,” adding that the ECB “should sit out the summer.“ Additional comments Sept will be pivotal month as lot of new data are published by then.Fxstreet
Jun 10, 2024
