Published 3 years ago

ECB's Rehn warns of risk from lengthy inflation surge

Summary by Reuters

FRANKFURT - The euro zone inflation surge is still mostly temporary but households and firms would start to lift their price expectations if it lasted much longer, European Central Bank policymaker Olli Rehn said on Tuesday. "If this state of elevated inflation were to last much longer, it would likely have a more significant effect on inflation expectations," Rehn, the Finnish central

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Reuters

ECB's Rehn warns of risk from lengthy inflation surge

3 years ago·United Kingdom

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OAN

ECB’s Rehn warns of risk if inflation surge lasts much longer

October 19, 2021FRANKFURT (Reuters) – The euro zone inflation surge is still mostly temporary but households and firms would start to lift their price expectations if it lasted much longer, European Central Bank policymaker Olli Rehn said on Tuesday. “If this state of elevated inflation were to last much longer, it would likely have a more significant effect on inflation expectations,” Rehn, the Finnish central bank governor, said in a speec…

3 years ago·San Diego, United States

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