21 Hrs
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الاقتصادية
ECB signals potential rate hike amid Iran tensions
Philipp Lin, Chief Economist at the European Central Bank, indicated the possibility of raising interest rates again despite the shock caused by the Iranian war. He stated that the Eurozone economy may now be able to withstand a slight increase in interest rates without impacting growth, noting that the upper limit of the neutral interest rate range has risen from 2.25% to 2.50% based on bond market prices. The European Central Bank remains open to further tightening of monetary policy to counteract rising energy prices and the effects of the Iranian conflict.
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