ECB should not rush rate change even if Iran war could alter outlook: policymakers

The war in Iran and soaring energy prices could fundamentally alter Europe’s economic prospects. Two European Central Bank policymakers said the bank should take its time to reassess policy. They advised staying on the current course for now. The officials spoke on Tuesday about the potential impact of these factors. Their comments reflect caution regarding imminent changes. They did not suggest immediate adjustments to interest rates. The policymakers’ remarks focused on the importance of careful consideration. They did not provide specific details on future policy moves.