📈 Business
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Bloomberg
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ECB likely to hike rates if Iran war continues past June
ECB Governing Council member Pierre Wunsch said the central bank would probably have to act if the Iran war isn't concluded by June. Officials are still assessing the scale of economic fallout from the conflict. The stance suggests readiness to shift monetary policy depending on geopolitical developments.
The European Central Bank would probably have to act if the Iran war isn’t concluded by June, Governing Council member Pierre Wunsch said, urging patience in the meantime as officials assess the scale of the economic fallout.