Cypriot economists warn of further ECB rate increases if Middle East war worsens

Cypriot economists have warned that the European Central Bank (ECB) could raise interest rates further if the war in the Middle East continues to worsen, as higher oil prices threaten to prolong inflationary pressures. The economists, speaking to the Cyprus News Agency (CNA) on Friday, also said the ECB’s expectation that inflation will return to […]