ECBs Rehn calls for July rate hike
Abstract：HELSINKI (Reuters) – The European Central Bank should hike its deposit rate in July by 0.25 percentage points, the ECBs policy maker Olli Rehn told a Finnish daily on Thursday.
div classBodysc17zpet90 cdBBJodivpHELSINKI Reuters – The European Central Bank should hike its deposit rate in July by 0.25 percentage points, the ECBs policy maker Olli Rehn told a Finnish daily on Thursday.
“In my opinion it would be reasonable to hike the deposit rate by 0.25 percentage points in July and by autumn it would be at zero. After that we could continue further normalising monetary policy gradually and proactively,” he told Finlands largest daily Helsingin Sanomat in an interview.pdivdivdiv classBodysc17zpet90 cdBBJodiv
Reporting by Anne Kauranen Editing by Toby Chopra
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