ECB's Rehn: Relief on supply bottlenecks may not come until towards the end of 2022

Remarks by ECB policymaker, Olli Rehn

  • Inflation still mostly transitory even if some components are more persistent
  • No evidence of second round inflation effects in wages so far
  • There is still plenty of slack in Eurozone economy

From end of the year to the first half of next year, and now the end of next year.

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