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ECB is better safe than sorry with easy policy, Rehn says - Metro US

ECB is better safe than sorry with easy policy, Rehn says

FILE PHOTO: Finland's central bank governor Rehn in Helsinki

FRANKFURT (Reuters) – It is better for the European Central Bank to be safe than sorry when it decides whether to withdraw aggressive stimulus measures deployed to combat the fallout from the coronavirus pandemic, ECB policymaker Olli Rehn said on Friday.

“It’s better to be safe than sorry,” Rehn said. “Recall the premature rate hikes of 2011 during the euro crisis.”

(Reporting By Francesco Canepa; Editing by Balazs Koranyi)

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