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15 Jun 2021

ECB’s Rehn: Recent rise in inflation is due to one-off and temporary factors

The European Central Bank (ECB) Governing Council Member Olli Rehn dismissed the recent increase in price pressures as temporary, in his scheduled speech on Tuesday.

Key quotes

“PEPP will be conducted in flexible manner to help counteract disinflationary effects and also to support growth.”

“Accommodative financing conditions are key to support euro area recovery.”

“Recent rise in inflation is due to one-off and temporary factors.”

“Currently no signs of a rise in broader price pressures, slack remains high.”

Jun 15, 2021

Iron Ore to continue inching towards $250 by year-end – OCBC

China is shifting towards a green economy and in doing so, is encouraging more domestic steel consumption over steel exports. Subdued prices in the ne
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Jun 15, 2021

EUR/SEK: Swedish krona set to appreciate, but not because of Riksbank – ING

The Riksbank is one of the most dovish central banks in the G10 FX spectrum and is certainly not to help the Swedish krona to appreciate. Nonetheless,
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