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ECB’s Makhlouf Says Prolonged War Brings Adverse Scenario Closer

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Bloomberg Markets 3 days ago • bloomberg.com
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 Vil…
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Bloomberg Markets 4 days ago • bloomberg.com
ECB’s Makhlouf Says Prolonged War Brings Adverse Scenario Closer
European Central Bank Governing Council member Gabriel Makhlouf said a lengthy war in the Middle East would steer the euro-area economy toward a worse outcome than the baseline laid out last month by policymakers.
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