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MNI BRIEF: Risks To Growth Evident, Await Dec Forecasts -Rehn

BundesbankCentral Bank NewsPolicy NewsEuropean Central BankCEEMEAEurozoneGermanyBriefGlobalStoryRegion

MNI (LONDON) - Downside risks for growth implied by the ECB’s June projections have broadly materialised and December’s update will give a clearer look at the coming year, ECB governing Council member Olli Rehn said on Tuesday.

Speaking at a UBS conference in London, Rehn said the risks to growth from the outcome of the US election were evident, but there were also potential inflationary threats. Rehn pointed to risks from a weak global environment to eurozone manufacturing. (See MNI SOURCES: ECB Heads For 25BP Cut; Risks From Trump, Germany)

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MNI (LONDON) - Downside risks for growth implied by the ECB’s June projections have broadly materialised and December’s update will give a clearer look at the coming year, ECB governing Council member Olli Rehn said on Tuesday.

Speaking at a UBS conference in London, Rehn said the risks to growth from the outcome of the US election were evident, but there were also potential inflationary threats. Rehn pointed to risks from a weak global environment to eurozone manufacturing. (See MNI SOURCES: ECB Heads For 25BP Cut; Risks From Trump, Germany)