Reuters reports the latest comments from the ECB Governing Council member Olli Rehn, with the key headlines found below.
Central bank should conduct a systematic review of policy strategy.
Unconventional tools have failed to have their desired effect.
Interdependence of growth and inflation seem to have weakened.
That has eroded ECB's impact on prices via demand.
Trust in central banks' ability to influence inflation rate may have eroded.
Eurozone growth not headed for a recession.
But region is to experience a slower growth phase.
Eurozone core inflation remains subdued.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.