Stournaras Urges Swift ECB Action if Middle East Conflict Fuels Inflation Drift
Greece's central bank chief Yannis Stournaras said the European Central Bank must be prepared to act quickly if a prolonged war in the Middle East causes inflation expectations to drift, potentially jeopardizing the ECB's March baseline price and growth projections. Speaking at a financial conference in Bucharest, Stournaras stressed the dilemma of…