[ECB Governing Council Member Rehn: Europe's Weak Economic Growth May Further Reduce Inflation] ECB Governing Council Member Rehn Said That Inflation Rates Across The Euro Area Are Steadily Returning To The Target Level Of 2%, But Weak Economic Growth Brings The Risk Of Further Price Declines. Rehn Said: "The Euro Area's Anti-inflation Process Is On Track. The Growth Outlook Has Weakened Significantly In The Past Few Months, Which May Also Increase The Pressure For Inflation To Fall Further." He Believes That Interest Rate Cuts Are Still Continuing, But He Will Not Disclose How Fast Or How Far They Need To Be Cut. Rehn Said That Since Our Interest Rates Are Still In A Restrictive Range, The Direction Of Interest Rate Changes Is Clear. He Also Said That The Speed And Scope Of Interest Rate Cuts Will Depend On The Inflation Outlook, The Dynamics Of Potential Inflation, And The Strength Of Monetary Policy Transmission

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