Weak euro zone growth reinforces case for ECB rate cut, Finnish central bank chief Rehn says
NEW YORK, Aug 19 (Reuters) -Weakness in the euro zone's manufacturing sector may not be as temporary as some expect and poor growth indicators reinforce the case for another European Central Bank interest rate cut in September, Finnish central bank chief Olli Rehn said on Monday.
"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, provided that disinflation is indeed on track," Rehn said in New York.
Reporting by Michael Derby, writing by Balazs Koranyi, editing by Chris Reese
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