ECB Policymaker Warns of Inflation Expectations Risks Amid Moderate Wage Growth

European Central Bank policymaker Olli Rehn has emphasized the importance of keeping inflation expectations anchored to maintain moderate wage growth. Speaking on August 19, 2026, Rehn, who is also the governor of Finland's central bank, stated that there are no clear signs of second-round effects from wage growth.

Rehn highlighted the need for stability in wage growth and inflation expectations to ensure a steady economic trajectory. The European Central Bank's next monetary policy announcement is scheduled for September 10, which will be closely watched by markets.