European Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and inflation. While inflation is nearing 3% and economic activity remains resilient, officials appear reluctant to signal further tightening beyond September, keeping future decisions dependent on incoming data.
European Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and inflation. While inflation is nearing 3% and economic activity remains resilient, officials appear reluctant to signal further tightening beyond September, keeping future decisions dependent on incoming data.
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