Central Banks
ECB’s Rehn Sees Grounds for Significant Rate Hikes in Spring
- Markets are pricing in ‘a lot’ of the tightening, Rehn says
- Central bank governor spoke in interview on Finland’s MTV
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European Central Bank Governing Council member Olli Rehn said “there are grounds for significant increases” in the key interest rate in the winter and early spring, reiterating comments he’d made earlier in the week.