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ECB sees two scenarios as Iran war raises stagflation risks — Boris Vujčić

European Central Bank Governing Council member Boris Vujčić said the ECB must remain “very flexible and vigilant” to curb rising prices as war with Iran heightens the risk of stagflation on March 24. As Bloomberg reports, Vujčić, who will become vice president of the European Central Bank in June, said officials will likely soon learn whether the consequences of the fighting will require interest rate hikes. [...]