ECB could raise its key policy rate as early as April if energy price surge from Middle East conflict persists.
Governing council member Pierre Wunsch said a hike by June is likely, but an April move cannot be excluded.
Wunsch noted the ECB cannot control direct energy price impacts but aims to limit indirect effects on goods and services.
He emphasized the medium‑term view remains uncertain, requiring potential policy action to curb inflationary pressures.