Advertisement
UK markets open in 3 hours 46 minutes
  • NIKKEI 225

    39,687.40
    +104.32 (+0.26%)
     
  • HANG SENG

    17,718.61
    +2.11 (+0.01%)
     
  • CRUDE OIL

    81.92
    +0.38 (+0.47%)
     
  • GOLD FUTURES

    2,337.70
    -1.90 (-0.08%)
     
  • DOW

    39,118.86
    -45.24 (-0.12%)
     
  • Bitcoin GBP

    50,087.68
    +2,085.58 (+4.34%)
     
  • CMC Crypto 200

    1,313.92
    +30.09 (+2.34%)
     
  • NASDAQ Composite

    17,732.60
    -126.10 (-0.71%)
     
  • UK FTSE All Share

    4,451.92
    -8.35 (-0.19%)
     

ECB's Rehn sees inflation stabilising at target despite bumps

Presidential Election Debate in Finland

HELSINKI (Reuters) - Euro zone inflation may be bumpy but that was always expected and data continues to suggest that price growth will settle at the European Central Bank's 2% target, Finnish policymaker Olli Rehn said on Wednesday.

"The dynamics of inflation continue to indicate that inflation will stabilise at the target in the medium term, even though its downward path has slowed somewhat in recent months," Rehn told a conference. "We always knew that it will be a bumpy road."

(Reporting by Anne Kauranen; Writing by Balazs Koranyi; Editing by Peter Graff)