ECB Official Sees No Immediate Second-Round Inflation from Iran Conflict, Bank Prepared to Respond

European Central Bank Governing Council member Martin Kocher stated that the ECB has not yet observed secondary inflationary impacts from the U.S.-Israeli war on Iran. Despite this, he affirmed the central bank's readiness to implement monetary policy measures if indirect price effects emerge. This highlights the ECB's vigilance regarding geopolitical uncertainties and their potential economic consequences.