ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »ECB rate hikes must wait amid memories of 2011, 2013: Rehn
Bloomberg European Central Bank (ECB) officials must bear in mind their previous premature interest-rate hikes and the market turmoil around the US Federal Reserve’s tapering of bond purchases when they eventually start to tighten monetary policy, Bank of Finland Governor Olli Rehn warned. “The core inflation rate remains low and clearly below the ECB’s price-stability target,†Rehn wrote in a …
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