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ECB’s Rehn: It makes sense to continue with rate cuts

European Central Bank (ECB) policymaker Olli Rehn is speaking as part of a "policy dialogue" at the Asian Financial Forum (AFF) 2025, being held in Hong Kong on Monday.

Key quotes

Europe must not get caught off guard by a trade war.

EU should not take hits because of tariffs.

It makes sense to continue with rate cuts.

By the middle of summer, we should be leaving restrictive territory.

The direction of rates is clear, growth outlook has weakened.

There are plenty of concerns on geopolitical developments.

Exchange rate has an impact on inflation but ECB has no policy target on currency.

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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