INVESTINGLIVEEamonn Sheridan
ECB's Kocher warns June rate hike unavoidable if Hormuz stays shut
ECB Governing Council member Kocher says a June rate hike is unavoidable if the Hormuz Strait remains closed, warning prolonged conflict will push eurozone inflation materially higher. Summary: Kocher said if the Hormuz Strait remains closed and the Middle East conflict continues
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