The European Central Bank should be open to making its own “below but close to 2%” inflation target genuinely symmetric, ECB policymaker Olli Rehn said on Tuesday, as reported by Reuters.
Additional takeaways
“The ECB already has a dual mandate, needs also to aim for full employment, balanced growth, sustainable development.”
“The next generation of EU funding should be made operational without delay.”
Market reaction
The EUR/USD pair showed no immediate reaction to these comments and was last seen gaining 0.22% on a daily basis at 1.1867.
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