ECB's Rehn: Core inflation clearly the important parameter for monetary policy

Further remarks by Rehn The headline is a fair point but even core CPI has jumped up to close to 2% in the latest . Sure, some of the factors driving the surge may be perceived to be temporary but again, what exactly is the definition of transitory here?

ECB's Rehn: Core inflation clearly the important parameter for monetary policy
Further remarks by Rehn The headline is a fair point but even core CPI has jumped up to close to 2% in the latest . Sure, some of the factors driving the surge may be perceived to be temporary but again, what exactly is the definition of transitory here?