Yields may curb impact of expensive energy - ECB's Rehn
Rehn said higher long-term borrowing costs could slow growth and reduce how much energy-price inflation spreads through the euro zone economy.
7 Articles
7 Articles
Yields may curb impact of expensive energy - ECB's Rehn
Energy prices are approaching the European Central Bank's "adverse" scenario, but soaring long-term borrowing costs limit just how much of this inflation can be transmitted through to the broader economy, Finnish central bank chief Olli Rehn said.
ECB’s Rehn says soaring yields may curb inflation impact of expensive energy
FRANKFURT, Oct 2 (Reuters) - Energy prices are approaching the European Central Bank's "adverse" scenario, but soaring long-term borrowing costs limit just how much of this inflation can be transmitted through to the broader economy, Finnish central b...
However, the sharp rise in the cost of long-term borrowing limits the extent to which inflation can be passed on to the broader economy.
Forbes España
The sharp rise in energy prices in recent weeks pushes inflation to the ‘adverse scenario’ of the European Central Bank (ECB), according to the Governor of the Bank of Finland, Olli Rehn, member of the Governing Council of the ECB and first vice-president of the European Systemic Risk Board (ESRB). In his [...] The entry Rehn considers that the rise in energy prices brings inflation closer to the ECB’s adverse scenario appears first in Forbes Sp…
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