07-March-2026
Economy News
 
ECB Policymakers Warn of Inflation Spike if Iran War Lasts
06-Mar-2026

Three European Central Bank policymakers warned on Thursday that euro zone inflation would likely rise, and growth sag, if the war in Iran were to become drawn out and suck in more countries. As the U.S.–Iran war entered its sixth day, the conflict has widened beyond Gulf states and into Asia, convulsing global markets and raising questions about the ECB's benign outlook for the euro zone. The ECB's vice president Luis de Guindos and the central bank governors of Germany and Finland all said it was too early to draw conclusions but warned that a prolonged, wider war may push up inflation, both present and expected.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-05/ecb-shouldnt-be-too-optimistic-about-early-end-of-iran-war-rehn-says