ECB may raise rates if Iran war keeps inflation high

10 articles · Updated · Bloomberg · May 7

Executive Board member Isabel Schnabel said on Thursday a broadening energy shock would force the euro zone central bank to tighten policy.
She said a rapidly growing share of firms plans price rises, supply chains face disruption and households are adjusting inflation expectations.
Schnabel warned the crisis could feed through faster than the last inflation shock because memories of that surge remain fresh.

Can the ECB fight war-fueled inflation with higher rates without triggering a deep European recession?

As supply shocks intensify, are central banks using the wrong tools to fight today's inflation?