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

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)

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

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)

Macro Bloomberg Jun 30, 2026

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