Rehn says the economic rebound is weaker than expected

The member of the Governing Council of the European Central Bank (ECB), Olli Rehn, has expressed his opinion on the economic recovery of the euro zone and the inflation outlook, according to Reuters.

Key Comments:

Disappointing recent data, particularly in the services sector, amplify downside risks. “

The economic rebound is weaker than expected“.

“The form of recovery seems a ‘truncated square root‘”.

“Inflation risks are down.”

Credits: Forex Street

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