ECB’s Rehn Says Data Show First Sign of Stagflationary Shock

European Central Bank Governing Council member Olli Rehn warned that data are starting point to stagflation as a result of the Iran war and rising energy prices.

By Andrew Langley, Slav Okov, Jan Bratanic · Bloomberg Markets

European Central Bank Governing Council member Olli Rehn warned that data are starting point to stagflation as a result of the Iran war and rising energy prices.