ECB Governing Council member Olli Rehn warns against fixed rate paths ahead of the June 11 decision, citing geopolitical risks and oil-driven inflation

ECB Governing Council member Olli Rehn warns against fixed rate paths ahead of the June 11 decision, citing geopolitical risks and oil-driven inflation

ECB's Olli Rehn warns the Middle East energy shock is creating stagflation in the euro area, with growth at 0.8% and inflation at 3%. Here's what it means