ECB’s Kazimir: A rate hike on Iran war may be closer than thought

European Central Bank (ECB) policymaker Peter Kazimir comments on the central bank’s path forward on interest rates in light of the conflict in the Middle East.

Key quotes

The ECB is still in good place.

We will be ready to act if needed.

There's no reason to act at the next meeting.

I have no reservations to hike without new forecasts.

Upside inflation risks clearly dominate.

A rate hike on Iran (war) may be closer than thought.