European Central Bank faces pressure to raise interest rates Kohel: Need to pay attention to the situation in Iran

European Central Bank Governing Council Commissioner Kocher said that unless a sustainable peace agreement can be reached between the United States and Iran, the European Central Bank will face pressure to raise interest rates next month. Inflation in the euro zone may be higher than previously expected this year, and the economy has shown considerable resilience. Kochel pointed out that if the situation does not improve, the ECB will have to focus its discussions on taking action.