Global Market | ECB May Need More Rate Hikes as Iran War Raises Inflation Risks: Kazaks

ECB’s Kazaks sees growing case for more tightening

FRANKFURT: The European Central Bank (ECB) may need to gradually raise interest rates further to curb inflation before an Iran war-driven rise in fuel costs starts seeping through to wages and other prices, ECB policymaker Martins Kazaks says.

ECB's Kazaks sees growing case for more tightening

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.