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CNBC Daily Open: ECB heads for a hike amid Iran energy price pressures

Monetary PolicyInterest Rates & YieldsInflationGeopolitics & War

The European Central Bank is expected to deliver its first interest rate hike in nearly three years, signaling a hawkish shift in response to rising inflationary pressure. The move comes as the Iran war adds to global price risks, which could keep policy tighter for longer. This is market-wide relevant for rates, FX, and risk assets across Europe.

Analysis

The European Central Bank is expected to deliver its first interest rate hike in nearly three years, signaling a hawkish shift in response to rising inflationary pressure. The move comes as the Iran war adds to global price risks, which could keep policy tighter for longer. This is market-wide relevant for rates, FX, and risk assets across Europe.

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