ECB President Lagarde Addresses Monetary Policy Amid Geopolitical Tensions
ECB President Christine Lagarde testified before the European Parliament's ECON Committee on 22 June 2026, discussing the impact of the Middle East war on the euro area economy. The ECB raised interest rates by 25 basis points in June to address rising inflation, now at 3.2%, while emphasizing a data-dependent approach and the importance of the 2025 strategy review for navigating supply shocks.
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