European Central Bank Governing Council member Rehn: Bold action should be taken to make the euro a "stable anchor."

Jin10 data reported on September 30, the European Central Bank board member Rehn stated that the European Central Bank should take bold actions to make the euro a “reliable global stability anchor.” His remarks echoed the views of ECB President Lagarde. In June, Lagarde stated that, given the global backdrop of rising trade wars and protectionism, the global status of the euro needs to be consolidated. Rehn said: “This requires strategic reflection and bold action to support a healthier rebalancing of the global monetary order.”