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BMO Notes Comments From ECB Officials
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BMO Notes Comments From ECB Officials
Jan 14, 2025 4:55 AM

07:26 AM EST, 01/14/2025 (MT Newswires) -- European Central Bank Governing Council (GC) member Olli Rehn said the ECB will likely exit restrictive monetary policy in the coming months, though the potential policies of United States President-elect Donald Trump complicate the outlook, noted Bank of Montreal (BMO)

Meantime, GC member Robert Holzmann expressed some caution regarding inflation, stating "We have a lot of challenges now with regard to energy."

In any event, the comments don't appear to have caused much of a stir with the euro, with the shared currency holding steady at around $1.026, stated BMO.

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