ECB’s Rehn: We see downside risks to growth

This Tuesday, more comments are coming from European Central Bank (ECB) policy chief Olli Rehn.

We see downside risks to growth.

I’m waiting for the December macroeconomic projections to get a better idea of ​​where we are.

Most of the data is quite weak, especially in manufacturing.

The good news is that disinflation is on the way and unemployment is low, but the outlook for growth and productivity is weak.

It is important that we are consistent in our message.

One might wonder if the ‘return to goal’ language is sufficiently up to date.

Source: Fx Street

You may also like