ECB's Rehn: Disinflation is on track and the growth outlook is weakening

European Central Bank (ECB) policymaker Olli Rehn commented on the inflation and growth outlook on Friday.

Rehn said that “disinflation is on track and the growth outlook is weakening.”

Market reaction

At the time of writing, EUR/USD has regained 1.1250, up 0.23% so far.