ECB’s Rehn sees inflation stabilising at target despite bumps By Reuters

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.”