European Central Bank President Christine Lagarde announced that the ECB is prepared to raise interest rates at any meeting if necessary, in response to potential inflationary pressures from the ongoing conflict with Iran. Speaking at a conference, Lagarde highlighted the need to assess the impact of rising energy prices on inflation before making any decisions. She noted that while the current situation does not warrant immediate action, the ECB remains vigilant and ready to adjust its policy if inflation spirals out of control. Lagarde emphasized that while the central bank cannot directly influence energy prices, it must monitor their effects on overall inflation and wage expectations.