Speech 2 October 2024 11:36 AM

Inflation rate expected to stabilise at the target – Europe must find ways to increase productivity

Inflation is expected to stabilise at the target, said Governor Olli Rehn. The direction of the monetary policy is clear. The pace and scale of the rate cuts will depend on the ECB's overall assessment on a meeting-by-meeting basis.

Governor Olli Rehn
Bank of Finland
Press briefing on the euro area’s economic outlook and monetary policy
Helsinki, 1 October 2024
Presentation (PDF)

Inflation rate expected to stabilise at the target – Europe must find ways to increase productivity