ECB Chief Economist Philip Lane warns Iran conflict will keep eurozone inflation elevated even if tensions ease, as the ECB hikes rates to 2.25%.

The ECB raised rates to 2.25% as Eurozone inflation hit 3.2% amid the Iran war, while the Fed held steady. Here's what it means for markets and crypto.

PARIS/FRANKFURT, June 15 (Reuters) - ECB President Christine Lagarde on Monday welcomed news of a U.S.-Iran ceasefire, saying it could help reopen the Strait of Hormuz, although…