ECB's Wunsch says should not overact to the Iran war shock, Bloomberg reports; If conflict ends in April, we would be closer to our baseline; reiterates ECB will not rush policy decisions

Wunsch from the ECB suggests a measured response to the ongoing conflict, indicating that the central bank will not rush to make policy changes unless the situation deteriorates beyond expectations by June. His remarks imply that the ECB may be willing to adjust its strategy if conditions warrant, highlighting the link between geopolitical tensions and monetary policy. Traders should monitor the conflict's timeline closely, as it could significantly influence the ECB's rate path decisions.