Image: IndexBoxECB Rate Hike 2026: Lagarde Defends Move as Eurozone Faces Stagflation - News and Statistics - IndexBox
β’ The European Central Bank (ECB) has raised interest rates by 0.25%, marking the first increase in three years. β’ President Christine Lagarde defended the decision, citing inflation pressures driven by the ongoing conflict in the Middle East. β’ The move comes amid warnings of stagflation in the Eurozone, with critics arguing that higher rates could hinder critical investments in clean energy.
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