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Global Market | ECB may need more rate hikes as Iran war raises inflation risks: Kazaks
The European Central Bank may need to raise interest rates further to contain inflation as higher fuel costs linked to the Iran conflict risk feeding into wages and consumer prices. Policymaker Martins Kazaks said gradual tightening remains possible.
Global Market | ECB may need more rate hikes as Iran war raises inflation risks: Kazaks
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What Happened
The European Central Bank may need to raise interest rates further to contain inflation as higher fuel costs linked to the Iran conflict risk feeding into wages and consumer prices. Policymaker Martins Kazaks said gradual tightening remains possible.
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Original reporting provided by Economic Times Markets.
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