ECB’s Schnabel: Iran war creates upside inflation risks
Isabel Schnabel, European Central Bank (ECB) member, said that the ECB’s is still in a good place even though the Iran war created some upside inflation risks at the 2026 United States (US) Monetary Policy Forum in New York on Friday.
Key takeaways:
Small, temporary inflation overshoot of little relevance if expectations remain anchored.
Still in a good place but Iran war creates upside inflation risks.
Post pandemic lessons suggest must tread carefully.
Needs to be vigilant; monitor expectations, wages, firms passing on costs.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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