ECB's Rehn: Weak euro zone growth strengthens case for rate cut

European Central Bank board member Rehn said that the weakness in the eurozone manufacturing industry may not be temporary as some people expected, and the weak economic growth indicators strengthened the possibility of the European Central Bank cutting interest rates again in September. "The recent increase in the risk of negative growth in the eurozone strengthens the case for the European Central Bank to cut interest rates at the next monetary policy meeting in September, provided that anti-inflation is indeed on track," Rehn said. (Jinshi)