When the geopolitical powder keg ignites, the European Central Bank is forced to raise interest rates again; fighting this old tiger of inflation is truly difficult.

ME News Report, May 24 (UTC+8), European Central Bank Governing Council Member Kohler stated that unless the United States and Iran can reach a sustainable peace agreement, the European Central Bank will face pressure to raise interest rates next month. This year, inflation levels in the Eurozone may be higher than previously expected, and the economy has shown considerable resilience. Kohler pointed out that if the situation does not improve, the European Central Bank will have to focus discussions on taking action. (Source: ChainCatcher)