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ECB Policymaker Says U.S.-Iran Peace Deal Won't Weaken June Rate Hike Case

2026-06-03 04:09:46

According to the Financial Times, European Central Bank policymaker Burkhard Visco said yesterday (June 3) that a U.S.-Iran peace agreement reached before next week's ECB meeting would not undermine the case for a rate hike. Visco indicated support for a 25 basis point increase at the June 11 policy decision, noting that while a peace accord could make discussions "slightly less straightforward," the rationale for tightening would likely remain intact. He emphasized that if the conflict persists, the policy debate would be "quite straightforward" ahead of the rate-setting meeting.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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