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ECB's Rehn says rising yields could soften energy inflation impact

Original: ECB's Rehn says soaring yields may curb inflation impact of expensive energy

European Central Bank policymaker Olli Rehn said soaring yields may curb the inflationary impact of expensive energy. The comment suggests tighter financial conditions in the eurozone could partially offset price pressures from high energy costs, weighing into the debate over how far the ECB needs to tighten policy.

Why now: Markets are focused on ECB policy and how rising yields and energy prices affect eurozone inflation.

European Central BankOlli Rehneurozone

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