Europe's central banks are no longer in a ‘good place' as Iran war upends forecasts [CNBC]
JP Morgan Chase & Co. (JPM)
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Source: CNBC
Central banks appeared relaxed in their growth and inflation forecasts for the years ahead but uncertainty over the war in Iran could upend their predictions. In this article A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images Before the war on Iran began in late February, Europe's central banks enjoyed a more benign inflation outlook as interest rates looked set to remain stable or keep falling across the region. But the conflict has upset the economic equilibrium, threatening Europe's energy supplies, growth and the outlook for consumer prices. Expectations for interest rates across the continent have been upended. On Thursday, the European Central Bank, Bank of England, Sweden's Riksbank and Swiss National Bank are all set to deliver their latest monetary decisions. Each central bank is also likely to deliver it fir
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