{"id":433757,"date":"2026-07-15T13:49:17","date_gmt":"2026-07-15T06:49:17","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/ecb-policymaker-stournaras-says-renewed-us-iran-conflict-reignited-inflation-and-growth-worries-433757\/"},"modified":"2026-07-15T13:49:17","modified_gmt":"2026-07-15T06:49:17","slug":"ecb-policymaker-stournaras-says-renewed-us-iran-conflict-reignited-inflation-and-growth-worries","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/ecb-policymaker-stournaras-says-renewed-us-iran-conflict-reignited-inflation-and-growth-worries-433757\/","title":{"rendered":"ECB policymaker Stournaras says renewed US-Iran conflict reignited inflation and growth worries"},"content":{"rendered":"<div>\n<ul>\n<li>Full report <a href=\"https:\/\/www.econostream-media.com\/news\/2026-07-14\/ecb%E2%80%99s_stournaras_says_middle_east_tensions_renew_inflation_growth_uncertainty.html\" rel=\"follow\">here<\/a><\/li>\n<\/ul>\n<p>ECB&#8217;s Stournaras said renewed hostilities in the Middle East have reignited uncertainty over the inflation and growth outlook after the swift easing in energy prices following the US-Iran Memorandum of Understanding. <\/p>\n<p>He noted that renewed disruptions to energy flows and higher oil prices are weighing on economic activity and reviving inflationary pressures, particularly as the Eurozone remains a net energy importer. <\/p>\n<p>Although Eurozone inflation slowed to 2.8% in June from 3.2% in May, offering hope for a more favourable outlook, the renewed escalation has increased uncertainty again. <\/p>\n<p>Stournaras said higher energy costs and weaker confidence are expected to weigh on Eurozone growth in 2026, while ECB staff projections see GDP expanding 0.8% in 2026, 1.2% in 2027 and 1.5% in 2029. <\/p>\n<p>He didn&#8217;t offer any guidance on the near-term monetary policy path, but we already know that the probabilities for a rate hike in July dropped substantially following the last inflation data. Traders are pricing in a 92% chance of a rate hike in September followed by another one in December. It goes without saying that a concrete de-escalation in the Middle East would lower oil prices and rate hike expectations.\u00a0<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Full report here ECB&#8217;s Stournaras said renewed hostilities in the Middle East have reignited uncertainty over the inflation and growth outlook after the swift easing in energy prices following the US-Iran Memorandum&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433757","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433757"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433757\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}