Rapid energy inflation in the eurozone has not yet spilled over into other goods and services, while rising bond yields could help ease price pressures by weighing on economic growth, European Central Bank policymaker Olli Rehn said on Tuesday, according to a report by Reuters.
Eurozone inflation is currently running well above the ECB's 2% target, prompting policymakers to debate how much further interest rates may need to rise following two rate increases over the summer.
