ECB’s Stournaras: The central bank should be flexible given Iran
European Central Bank (ECB) governing council member and Governor of the Bank of Greece, Yannis Stournaras said in an interview with Reuters during the day that the central bank needs to be flexible about its monetary policy amid the war between the United States (US), Israel, and Iran.
Remarks
ECB should be flexible given Iran.
Upward pressure on inflation if Iran war continues.
No rush to change policy, but ECB is on .
Market reaction
No immediate impact occurs on the Euro (EUR) from ECB Stournaras' comments. EUR/USD is down 0.7% to near 1.1600, as of writing, amid the Middle East war.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Perseus CEO Says Gold Price Uncertainty Is Keeping M&A Deals Stuck at the Table
TRAVELERS COMPANIES INC <TRV.N> : HSBC CUTS TARGET PRICE TO $376 FROM $383
TRAVELERS COMPANIES INC : HSBC CUTS TARGET PRICE TO $376 FROM $383
Gold prices dip Rs 1,500/10 grams; silver down Rs 1,600/kg ahead of Fed minutes. Key levels to track
NASDAQ TRADE HALT CONTINUES <UCFIW.O> REASON NOT AVAILABLE AT 07:50 PM
NASDAQ TRADE HALT CONTINUES REASON NOT AVAILABLE AT 07:50 PM
Crypto prices
More
