bloombergytbot on Nostr: Here's your summary from ECB's Rehn on Monetary Policy, Political Instability () on ...

Here's your summary from ECB's Rehn on Monetary Policy, Political Instability (https://www.youtube.com/watch?v=1q0nEAlOV9Y) on the Bloomberg Television channel:
**TLDR:** ECB's Rehn discusses economic recovery in the euro area, inflation, interest rates, and political uncertainty following European elections.

1. European economy projected for gradual recovery with 1% growth this year.
2. Inflation process disciplined, with focus on reaching 2% target over medium term.
3. Political uncertainty in France not seen as disorderly market turbulence, no need for ECB intervention at the moment.
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