ECB’s Rehn: Underlying inflation is easing ‘only gradually'

European Central Bank (ECB) Governing Council member, Olli Rehn, made some comments on the Eurozone inflation outlook during his appearance on Tuesday.

Rehn said that the underlying inflation is easing ‘only gradually’.

Market reaction

At the time of writing, EUR/USD is holding its latest upside near 1.0940, up 0.16% on the day.