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ECB's Negrel: May Raise Rates Next Month If Middle East Tensions Don't Ease

Forex Commodities

2026-05-07 08:01:37

On May 7, European Central Bank Governing Council member Negrel stated that if Middle East tensions do not ease significantly, the ECB may raise interest rates in June. "If the outlook does not improve materially, I expect we will raise rates in June," Negrel said. The official added that inflation this year will be notably higher than pre-conflict expectations due to the war's impact on oil and gas extraction and refining infrastructure.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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