Live Updates > Live Update Details
2026-04-08 15:46:02
[Pantheon Macroeconomics: Iranian Ceasefire Does Not Change Inflation Shock Outlook, ECB May Tighten Policy Slightly This Summer] (1) Claus Vistesen, an analyst at Pantheon Macroeconomics, said that although oil prices fell sharply after the two-week ceasefire agreement, a huge inflation shock is still coming. (2) The ceasefire agreement eliminated the possibility of an April rate hike (which was already slim), but the institution maintains its view that the European Central Bank will tighten policy slightly this summer. (3) Despite the market's welcome of the ceasefire, Iran may still restrict traffic in the Strait of Hormuz. Tehran has realized that it can put pressure on the United States by controlling the strait, and there is no reason not to take advantage of this immediately.
