Time is ‘ripe’ to cut rates next week: European Central Bank’s Rehn

Time is ‘ripe’ to cut rates next week: European Central Bank’s Rehn

Two key European Central Bank figures on Monday threw their weight behind the prospect of an interest rate cut next week, indicating that it is practically a done deal. In a speech on Monday, Olli Rehn, ECB governing council member and head of Finland’s central bank, stressed that inflation in the euro area was falling … Read more