• ECB’s Rehn: I see significant rate hikes at the next meetings

Market news

16 January 2023

ECB’s Rehn: I see significant rate hikes at the next meetings

“I see significant rate hikes at the next meetings,” European Central Bank (ECB) Governing Council member Olli Rehn said on Monday. 

No further comments are out on the same.

Market reaction

EUR/USD has bounced off the 1.0801 low, as the corrective downside seems to have stalled. The pair is trading at 1.0817, down 0.08% on the day.

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