Olli Rehn, a member of the European Central Bank's governing council, stated that the ECB's interest rates will soon stop suppressing economic activity. Rehn stated during a speech in Helsinki on Friday, "We believe that the inflation rate will stabilize at the target level as expected, and the monetary policy will stop being restrictive in the near future - I estimate in spring and summer. Rehn reiterated his previous view that the direction of monetary policy is 'clear', and the pace and scale of interest rate cuts will be decided at each meeting based on the latest data and our overall assessment."
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欧洲央行管委Rehn:央行政策在不久的将来将不再是限制性的
ECB Governing Council member Rehn: The central bank's policy will no longer be restrictive in the near future.
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