- Downside inflation risks are apparent due, among other factors, to the appreciation of the euro and the stabilization of wage and services inflation.
- Will stick to meeting-by.meeting and data-driven approach in setting monetary policy due to uncertainty.
Rehn is one of the very few dovish members and he continues to put emphasis on downside risks to medium-term inflation. Nonetheless, due to uncertainty, he will still be driven by the data.
This article was written by Giuseppe Dellamotta at investinglive.com.