ECB should not rush rate change even if Iran war could alter outlook: policymakers
Published on March 10, 2026.
Gediminas Simkus, Lithuania's central bank chief, has argued that the ECB will not reassess policy based on exceptional volatility. This comes in response to a surge in crude oil prices, which have since fallen to $90 per barrel. Despite this, Simkus stated that the meeting will discuss the implications of the Iran war and the potential changes in policy.
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