ECB Faces Pressure to Hike as Iran War Feeds Prices, Kocher Says
AI Summary
The European Central Bank may increase interest rates next month unless peace is achieved in the US-Iran conflict, according to Governing Council member Martin Kocher. Rising prices linked to the Iran war are feeding inflation concerns.
The European Central Bank is heading for an interest-rate increase next month unless a sustainable peace deal between the US and Iran can be found, according to Governing Council member Martin Kocher.
World Politics Markets Commodities European Central Bank interest rates Iran war inflation Martin Kocher US-Iran relations