ECB's Rehn: Euro area growth has proven more resilient than expected ...Middle East

Inflation is slowing to below 2% targetInflation being at its 2% target is linked to ECB's independent decision-makingWe're keeping a close eye on the economy and stand ready to act if neededTrump pressure on Fed's independence could have substantial global effects on financial markets, real economyBut I consider a rapid, significant weakening of dollar dominance to be unlikely

With the summer slowly coming to an end, we'll be getting more comments from ECB policymakers soon enough. It feels like it has been a while, has it not? Anyway, Rehn's remarks are nothing major and mainly reaffirms the central bank's stance of staying on pause for the time being.

This article was written by Justin Low at investinglive.com.

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