ECB's Nagel Says Bank Must Act If Iran War Threatens Stability

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Published: 2 hours ago

ECB Governing Council member Joachim Nagel stated the central bank will continue economic analysis before next month's rate decision, but must take action if Iran war impacts price stability. EUR pairs could see volatility as geopolitical risks may influence ECB policy stance. Traders should monitor escalating Middle East tensions and their potential impact on European inflation expectations.

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