Frankfurt, Germany, July 23, 2026 (AFP) - Iran war risks pushing up inflation: ECB's Lagarde

NAMPA / AFP

2026-07-23

Fresh fighting in the Middle East means inflation could now trend higher than expected, European Central Bank President Christine Lagarde said Thursday. "The risks to the inflation outlook are to the upside," she said at a press conference after the bank announced it was keeping its key deposit rate unchanged. "The energy shock could intensify further and its effects on other prices and wages could be stronger than currently expected." vbw/jsk/sp......

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