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EconomyECB's Cipollone sees stagflation risk from Hormuz crisis as remote

European Central Bank policymaker Piero Cipollone said the Strait of Hormuz crisis is unlikely to cause economic stagnation alongside a sharp rise in inflation, describing that risk as rather remote in an interview published Monday by Italian website ilsussidiario.net.

European Central BankStrait of Hormuzstagflation

RReuters★★★☆☆2026-08-24 10:50Original

ECB's Cipollone sees stagflation risk from Hormuz crisis as remote
ECB's Cipollone sees stagflation risk from Hormuz crisis as remoteEconomy