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ECB’s Rehn says any adjustments to key rates will be gradual

By:
Reuters
Updated: Mar 11, 2022, 08:22 GMT+00:00

HELSINKI (Reuters) - The European Central Bank's key interest rates will be adjusted gradually, when it happens, ECB policymaker and Finnish central bank chief Olli Rehn said on Friday.

Governor of the Bank of Finland, Olli Rehn attends a Reuters Newsmaker event in London

HELSINKI (Reuters) – The European Central Bank’s key interest rates will be adjusted gradually, when it happens, ECB policymaker and Finnish central bank chief Olli Rehn said on Friday.

“Any adjustments to the key ECB interest rates will take place some time after the end of the APP net purchases and will be gradual,” Rehn said in Helsinki, referring to the bank’s bond-buying Asset Purchase Programme.

(Reporting by Anne Kauranen)

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