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ECB's Rehn says the latest Euro-area inflation reading was expected and focused on medium term; rate hike is not guaranteed

ECB's Rehn's comments suggest a cautious stance on future rate hikes, indicating that while the recent inflation data was anticipated, the central bank remains focused on medium-term prospects rather than immediate actions.

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ECB's Rehn says the latest Euro-area inflation reading was expected and focused on medium term; rate hike is not guaranteed

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This signals potential uncertainty in the rate path, which could influence EUR sentiment and fixed income markets as traders reassess their expectations around ECB policy adjustments.

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