Global Market: Eurozone energy inflation has yet to spread to broader prices, ECB's Rehn says

Eurozone energy inflation has not yet spread broadly to other goods and services, ECB policymaker Olli Rehn said. Rising bond yields may curb economic growth and limit price pressures, though resilient activity and AI investment remain concerns. Markets expect further ECB rate hikes as policymakers balance persistent inflation against tightening financial conditions.