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ECB's Rehn: The direction of our monetary policy is clear


  • The pace and size of rate cuts will be determined at each meeting
  • It depends on an incoming data base and comprehensive analysis
  • Inflation is clearly starting to stabilize at the 2% target.

We have not received one of these so far. Therefore, this should fill the quota. There is nothing new here from Rehn as he is simply showing a similar sentiment to his colleagues in increasing the rate cut in January.

This article was written by Justin Low at www.forexlive.com.



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