Nagel warns Iran war is fueling inflation risks as ECB stays on alert
ECB Bundesbank head Nagel warns that geopolitical tensions with Iran are creating inflation risks, prompting the central bank to remain cautious despite political pressure for earlier rate cuts. Acting U.S. Labor Secretary Sandlin's advocacy for Fed easing contrasts sharply with the ECB's measured stance, creating a 'higher for longer' interest rate environment that affects crypto markets.


