ECB governing council member Rehn: Euro area slowdown seems more durable than short-term

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26 March 2019

ECB governing council member Rehn: Euro area slowdown seems more durable than short-term

Euro area banks can expect Ecb loan details by June
TLTRO-3 terms should be close to TLTRO-2
ECB doesn’t want to raise rates prematurely amid risks
Domestic demand will help avoid a recession
Negative rates shouldn't become the new normal

United Kingdom: BBA Mortgage Approvals, February 35.299 (forecast 39.4)

Fed's Rosengren: weak foreign bond yields are hurting US long-term yields

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