December 17, 2019 / 9:13 AM / a month ago

Rehn says ECB to stay accommodative

FILE PHOTO: Governor of the Bank of Finland, Olli Rehn attends a Reuters Newsmaker event in London, Britain, May 29, 2019. REUTERS/Hannah McKay

HELSINKI (Reuters) - The European Central Bank’s accommodative monetary policy will continue until inflation expectations return clearly close enough to 2% and its effects are visible on core inflation, Finnish policymaker Olli Rehn said on Thursday.

Last week the ECB left policy unchanged, keeping money taps wide open and further stimulus ready as the euro zone economy continues to be impacted by broader global turmoil.

Reporting by Anne Kauranen; editing by John Stonestreet

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