Some central bank officials have advocated for a more “two-sided” approach to policy, but that doesn’t mean hikes are in the cards.

Analysts say a drawn-out conflict could have dramatic consequences for energy markets and inflation.

LNG supply disruption threatens to become an inflation trigger for Europe.

Inflation remains below the ECB’s 2% target, but rising services prices and energy risks complicate the outlook.

Chancellor’s Spring Statement overshadowed by Middle East crisis as the FTSE 100 slides and gilts sell off.