Lengthy Iran war could cause inflation ‘spike’, warns ECB’s top economist
Philip Lane says extended conflict and disruption to energy supplies could also lead to ‘sharp’ drop in Eurozone output
Philip Lane says extended conflict and disruption to energy supplies could also lead to ‘sharp’ drop in Eurozone output

The Federal Reserve, ECB and Bank of England will this week deliver their first formal verdicts on the threat posed by the…

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

Wave of inflation will persist as higher fuel prices feed through into businesses

European Commission preparing to cut growth forecasts despite two-week Iran war ceasefire

Christopher Waller says higher oil prices coupled with Donald Trump’s tariffs raise prospect of prolonged inflation

Sharp rise in inflation is hitting growth outlook for region heavily dependent on imported energy