ECB's Rehn: Appropriate to raise rates beyond March – by eren_fxstreet ECB CentralBanks
beyond March and reach the terminal rate this summer, European Central Bank Governing Council member Olli Rehn told Börsen-Zeitung on Monday, per Reuters."Rates need to stay in restrictive level for some time, should not rush to discuss cuts.""Eurozone recession likely avoided, 2023 growth could be around 1%."These comments don't seem to be having a significant impact on the Euro's performance against its rivals.
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