The Iran war is pushing the euro-area economy closer to the European Central Bank’s adverse scenario, meaning the next policy move is very likely to be an increase in interest rates, Governing Council member Francois Villeroy de Galhau said.
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Villeroy Says Economy Now Closer to ECB’s Adverse Scenario
The Iran war is pushing the euro-area economy closer to the European Central Bank’s adverse scenario, meaning the next policy move is very likely to be an increase in interest rates, Governing Council member Francois…
