It’s a good idea to review your monetary policy strategy every five years – Rehn

“I would consider it a good idea that in the future Let’s review the monetary policy strategy of the European Central Bank (ECB) regularly, for example every five years, “said ECB official Olli Rehn on Monday, Reuters reported.

Regarding the prospects for inflation Rehn pointed out that inflation expectations are stuck at too low levels.

Market reaction

These comments had virtually no impact on the performance of the euro. EUR / USJD remains trading near 1.1650, unchanged for the day after regaining ground after falling to a month’s lows.

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Credits: Forex Street

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