European Central Bank Governing Council member Olli Rehn, governor of the Finnish central bank
- There are no clear signs of a pick-up in the manufacturing sector.
- Industrial production may not be as temporary as assumed.
- The recent increase in negative growth risks in the Euro area has reinforced the case for a rate cut at the next ECB monetary policy meeting in September.
The ECB September meeting is on the 12th.
ECB's Rehn
