Iran war heightens inflation concerns; ECB to act tough

The European Central Bank (ECB) has pledged to keep its key interest rate at 2% but is also prepared to raise it if developments in the Middle East lead to a sustained rise in eurozone inflation, Reuters reported. Oil and gas prices have risen sharply since the US and Israeli attacks on Iran, raising concerns […] The post Iran war heightens inflation concerns; ECB to act tough appeared first on Baltic News Network.