• ECB's Rehn: Below-target inflation warrants accommodative monetary policy

Market news

17 December 2019

ECB's Rehn: Below-target inflation warrants accommodative monetary policy

  • Euro area inflation rate remains below the target level for price stability

  • Monetary policy stance remains accommodative

  • That supports our pursuit of price stability

  • Also fosters conditions that are favourable to growth and employment

  • Outlook remains more or less unchanged compared to September ECB staff macroeconomic projections, owing to global economic uncertainties

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