ECB Eyes July Rate Hike as Iran War Stokes Inflation Concerns
Updated
Updated · Bloomberg · Jun 11
ECB Eyes July Rate Hike as Iran War Stokes Inflation Concerns
3 articles · Updated · Bloomberg · Jun 11
Summary
July is still in play for the ECB’s next interest-rate increase, with officials not ruling out a second hike at the bank’s next policy meeting.
Iran war-driven inflation concerns are pushing that earlier timetable into consideration, even though investors and economists had largely expected the next move in September.
September remains the market’s base case because it coincides with updated quarterly forecasts, but officials now see a nearer-term tightening option if price pressures intensify.