- ECB’s Rehn: The risk of stagflation has increased
Market news
17 October 2022
ECB’s Rehn: The risk of stagflation has increased
European Central Bank (ECB) Governing Council member Olli Rehn said on Monday, “the risk of stagflation has increased.”
“Global financial stability risks are rising,” he went on to add.
Market reaction
The shared currency shows little to no reaction to the above comments, currently trading at 0.9747, up 0.31% on the day.
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