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ECB official says Middle East conflict could create an attrition challenge

ECB Governing Council member Olli Rehn said the European Central Bank must prepare for an attritional conflict in the Middle East. The report provides no indication of a new ECB policy action.

By DoomRadar · Published on DoomRadar .

Why it matters

A prolonged regional conflict could increase inflation and energy risks for the euro area, complicating monetary policy.

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