ECB’s Rehn says rate cuts support growth

STOCKHOLM (Reuters) – The European Central Bank’s interest rate cuts support growth, but Europe should get on the road to better productivity, Finnish ECB Governing Council member Olli Rehn said on Friday.

“Current uncertainties further emphasize the dependence on fresh data and analysis about the economy,” he said in a statement.

(This story has been corrected to fix the title of Finland’s Olli Rehn to ECB Governing Council member, not ECB Deputy Governor, in paragraph 1)

(Reporting by Anna Ringstrom, editing by Stine Jacobsen)

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