European Central Bank Governing Council member Peter Kazimir said on Monday that a rate rise at the ECB’s next meeting in June is highly likely because of the Iran war. [1]
Kazimir said officials are not pre-committing to any fixed path and still need more data to assess how the conflict will affect the economy. “We remain firm in our approach,” he said. [1]
Bloomberg published the remarks on 2026-05-04, pointing to the ECB’s June meeting as the next test for policymakers as they weigh the fallout from the conflict. [1]
The ECB is set to meet in June, when officials will review incoming data and decide whether to raise rates. [1]
