ECB’s Rehn: We see downside risks to growth

Dhwani Mehta FXStreet

This Tuesday, more comments are crossing the wires from European Central Bank (ECB) policymaker Olli Rehn.

We see downside risks to growth.

I am waiting for December macro projections for better picture on where we stand.

Most of the data is quite weak especially in manufacturing.

Good news is that disinflation is on track and unemployment low but growth and producitivty outlook are weak.

Important we are consistent on our messaging.

One might ask whether 'return to target' language is sufficiently up to date.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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