ECB’s Rehn: PEPP buying is flexible, follows market conditions

Dhwani Mehta FXStreet

The European Central Bank (ECB) Governing Council Member Olli Rehn made some comments on the economy and monetary policy during his appearance on Tuesday.

Key quotes

“Q2 data point to a fairly fast recovery in the euro area.”

“PEPP buying is flexible, follows market conditions.”

Author

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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