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news.sky.comSpanish consumer prices rose more than expected in the latest monthly reading. The increase marks the first inflation data released since the US-Iran peace deal took effect.
pymnts.comGoverning Council member Gabriel Makhlouf stated the European Central Bank remains focused on bringing inflation back to its goal. He declined to comment on whether an interest-rate increase would occur next month.
armstrongeconomics.comAn outgoing European Central Bank Governing Council member stated there is a solid argument for raising interest rates next month due to the Iran war. The comment comes amid ongoing regional conflict.
An ECB governing council member told Handelsblatt that significant inflation remains ahead and that interest rate increases are becoming more probable. The official said the baseline economic scenario no longer applies and policymakers are shifting to an adverse one. The comments…
livemint.comA top European Central Bank official stated that the ECB fully backs mergers across European countries. The comment came in response to a question about UniCredit’s potential acquisition of Commerzbank. The statement highlights ECB support amid discussions of the potential deal.