Economics

ECB’s Rehn Underscores Commitment to Contain Bond-Market Panic

  • Finnish official stresses resolve to prevent fiscal dominance
  • Work on anti-fragmentation tool was accelerated this week

Olli Rehn

Photographer: Roni Rekomaa/Bloomberg
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The European Central Bank intends to ensure that its monetary policy is transmitted equally across the euro zone’s 19 member-states by preventing undue turbulence on government bond markets, according to Governing Council member Olli Rehn.