Home ECB’s Rehn: Policy actions by the ECB are necessary and proportionate

ECB’s Rehn: Policy actions by the ECB are necessary and proportionate

Updated: 26 Jun. 2020 | 09:47

The European Central Bank (ECB) governing council member, Olli Rehn was out with some comments in the last hour and said that the danger of deflation has re-emerged. Policy actions by the ECB are necessary and proportionate, Rehn added further.

Meanwhile, the shared currency picked up some pace in the last hour and has now lifted the EUR/USD pair to fresh session tops, around the 1.1230 region.

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