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Center East Tensions Pose Inflation Danger: ECB Chief

Tensions within the Center East and delivery disruptions within the Crimson Sea may push eurozone inflation greater once more, European Central Financial institution president Christine Lagarde warned Thursday.

“Upside dangers to inflation embrace the heightened geopolitical tensions particularly within the Center East which may push power costs and freight prices greater within the close to time period and hamper world commerce,” she instructed reporters in Frankfurt.

mfp/hmn/lth

Tensions within the Center East and delivery disruptions within the Crimson Sea may push eurozone inflation greater once more, European Central Financial institution president Christine Lagarde warned Thursday.

“Upside dangers to inflation embrace the heightened geopolitical tensions particularly within the Center East which may push power costs and freight prices greater within the close to time period and hamper world commerce,” she instructed reporters in Frankfurt.

mfp/hmn/lth

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