ECB Governing Council member Martin Kocher warns eurozone inflation will stay elevated despite the US-Iran ceasefire, as pipeline effects keep prices above

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 hiked rates to 2.25% despite a US-Iran ceasefire, warning that eurozone inflation at 3.2% won't ease quickly. Here's what it means for crypto.