--:--

Tue, Jun 30 • Nairobi

Breaking

Waiguru calls out IPOA for failing to reign on police involved in abductions Cabinet approves Kenya’s accession to two international anti-mercenary treaties Cabinet approves reforms to dismantle deeply entrenched and decades-long payroll fraud Cabinet establishes committee on AI Cabinet endorses cooperation agreement with Rwanda, South Sudan on fuel importation Supreme Court agrees to review ban on AR-style semi-automatic rifles in major Second Amendment case UK government says it’s likely to challenge $110 billion Paramount-Warner Bros. merger Supreme Court lifts Watergate-era caps on campaign spending Parents of school in Mukuru slums to challenge ruling on its management c US Supreme Court upholds bans on transgender women in female school and college sports Senegalese MPs move to clip presidential powers as tensions mount High Court orders Ruto to reconstitute Cabinet over two-thirds gender rule

Finance

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

Bloomberg Jun 30, 2026 2h ago ⏱ 1 min read 👁 1 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.

This is a summary. Read the complete story on Bloomberg below.

Continue Reading

Full story on Bloomberg

Read Full Story →

🔗 Clicking will take you to www.bloomberg.com

👁 People Also Read

Spanish Inflation Unexpectedly Holds Well Above ECB Target

Finance

Spanish Inflation Unexpectedly Holds Well Above ECB Target

Spanish inflation unexpectedly remained far above the European Central Bank’s 2% target in the first reading since the US-Iran peace…

South Korea to Unveil Spending Plan to Cement Status as Tech Powerhouse

Finance

South Korea to Unveil Spending Plan to Cement Status as Tech Powerhouse

South Korea to Unveil Spending Plan to Cement Status as Tech Powerhouse. Reported by Bloomberg.

Baidu’s CFO on How It Became a Full-Stack AI Player

Finance

Baidu’s CFO on How It Became a Full-Stack AI Player

From Internet search to chips, LLMs, clouds, and self-driving cars.

Odd Lots: Baidu’s CFO on Building a Full AI Stack (Podcast)

Finance

Odd Lots: Baidu’s CFO on Building a Full AI Stack (Podcast)

Odd Lots: Baidu’s CFO on Building a Full AI Stack (Podcast). Reported by Bloomberg.

► Necessary Cookies Always Active

Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.

► Functional Cookies Remark

Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.

► Analytical Cookies Remark

Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.

► Advertisement Cookies Remark

Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.