[European Central Bank's Vujčić: Rising Inflation Expectations Are Within Expectations] Jin10 Data reported on March 31 that European Central Bank Governing Council member Vujčić stated that the rise in inflation expectations since the outbreak of the Iran war is not surprising. He said: 'This is exactly what we anticipated and previously mentioned—inflation is bound to rise due to events related to Iran. The longer the war lasts and the greater the damage to energy infrastructure, the more likely we are to see upward pressure on energy prices, which will translate into higher inflation.' European Central Bank officials are closely monitoring the price expectations of consumers, businesses, and investors to determine how to respond to the surge in energy costs. This factor has driven the eurozone's inflation in March to record its largest increase since 2022. Although some policymakers believe an interest rate hike may be necessary next month, Vujčić declined to make a definitive statement. 'Nothing is certain, and there will be a lot of data and information emerging before our April meeting,' he said.