ECB's Kazaks says the ECB could act if war raises inflation expectations
ECB's Kazaks highlights the potential for the ECB to take action if inflation expectations rise due to war-related impacts.
G7 statement says the group is vigilantly monitoring the energy market, and G7 supports in principle the use of strategic oil reserve
UKMTO says it has received a report of an incident 50NM north-west of Dubai, with a bulk carrier hit by an unknown projectile
ECB's Kazaks says the ECB could act if war raises inflation expectations
ECB's Kazimir says a rate hike on Iran may be closer than thought; no reason to act at next week's meeting
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This statement suggests a readiness to adjust monetary policy in response to geopolitical pressures, which could influence rate paths and the euro's performance. Market participants should be cautious of volatility in fixed income and currency markets as expectations shift.
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