ECB is carefully weighing its response to the Iran war and the impact on inflation to ensure it acts neither prematurely nor too late, Christine Lagarde says

Christine Lagarde indicated that the European Central Bank (ECB) is assessing the implications of the ongoing conflict in Iran on inflation, emphasizing the need for a balanced response to avoid acting prematurely or belatedly. This cautious approach reflects concerns over inflationary pressures stemming from potential supply disruptions in energy markets, particularly given Europe's reliance on oil and gas imports. As a result, the euro and European bond markets may experience volatility as traders react to shifts in inflation expectations and monetary policy outlook. Market participants will be particularly attentive to upcoming inflation data releases and any statements from the ECB regarding its policy stance in light of geopolitical developments.

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