ECB’s Rehn Expects Eurozone Inflation of Around 2 Percent in Next Two Years: Handelsblatt

The European Central Bank at the river Main in Frankfurt, Germany, on Oct. 6, 2021. Michael Probst/AP Photo

BERLIN—The drivers of inflation in the eurozone will subside over the course of the year and inflation will hover around the European Central Bank’s price stability target of 2 percent in the next two years, Finnish central bank chief Olli Rehn was quoted as saying on Sunday.

In a pre-released interview with German business daily Handelsblatt, Rehn said the future pace of normalization of the ECB’s loose monetary policy depended on the economic data.