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ECB’s Rehn Sees No Second-Round Inflation Effects From War Shock
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarInflationMonetary Policy
ECB Governing Council member Olli Rehn said the Middle East conflict's energy-price shock has not, so far, transmitted into broader areas of the European economy. The comments suggest limited observed second-round inflationary effects to date, though energy-price risks remain relevant to the ECB's monetary-policy outlook.
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