Additional comments that crossed the wires in the last hour from the European Central Bank (ECB) Governing Council member Olli Rehn are as follows.
We have not run out of monetary policy tools.
If we need to strengthen policy, we still have the tools to do so.
Current data shows Sept decision has had positive impact on banks’ profitability.
- EUR/USD challenges lows near 1.1000, FOMC in sight
- ECB’s Rehn: Latest information on core inflation signal a rise, EUR/USD attacks 1.10