Iran war could keep inflation high, ECB policymaker Rehn warns, FT reports
· economictimes.indiatimes.com
European Central Bank must prepare for a prolonged Middle East conflict. This situation could maintain elevated inflation within the Eurozone economy. Policymaker Olli Rehn stressed the need for vigilance against these pressures. Energy prices have risen due to regional tensions and shipping concerns. The bank must remain attentive to these developing inflationary trends.
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