ECB executive board member Panetta said the Iran war, rising inf expectations, depleted fuel stocks and other supply risks argue for policy action. He said a forward-looking recalibration of monetary policy "appears necessary" to address persistent inf risks, but cautioned it is "vital not to be bound to a preset path."

2026-05-29

ECB executive board member Panetta said the Iran war, rising inf expectations, depleted fuel stocks and other supply risks argue for policy action. He said a forward-looking recalibration of monetary policy "appears necessary" to address persistent inf risks, but cautioned it is "vital not to be bound to a preset path."