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Finance

ECB’s Rehn Says Energy Shock Has Been ‘Clearly Stagflationary’

Bloomberg Jun 30, 2026 3h ago ⏱ 1 min read 👁 3 views

ECB’s Rehn Says Energy Shock Has Been ‘Clearly Stagflationary’

Image via Bloomberg

📋 Article Summary

51 words

European Central Bank Governing Council member Olli Rehn said the conflict in the Middle East is stoking inflation while weighing on economic expansion. Rehn spoke with Francine Lacqua on Tuesday in Sintra, Portugal. (Source: Bloomberg) This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

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