Published Jun 30, 2026, 11:16 AM ET · Updated 4 months ago · 1 source

ECB’s Rehn Says Energy Shock Is Producing Stagflationary Effects

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ECB’s Rehn Says Energy Shock Is Producing Stagflationary Effects

The conflict in the Middle East is stoking inflation while weighing on economic expansion, according to European Central Bank Governing Council member Olli Rehn.