ECB's Dolenc says that if the Iran war drags on, it will be very bad for inflation and growth
Dolenc's comments highlight that prolonged conflict in Iran poses risks to both inflation and growth within Europe.
German HCOB Construction PMI (Mar) 48.0 (Prev. 43.7)
Abu Dhabi's media office announces that three people were injured after debris from air defence interception sparked fires at the Habshan gas complex, operations have been suspended temporarily
ECB's Dolenc says that if the Iran war drags on, it will be very bad for inflation and growth
Iranian Deputy Speaker of Parliament says if the US does not accept the 10 conditions, the leader of the revolution will not allow them to sign; Strait of Hormuz will not return to its previous state, Fars News reports
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This underscores the intertwining of geopolitical events with economic stability and may impact the ECB's policy considerations moving forward, particularly in relation to energy prices and inflation expectations.
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