Eurozone inflation is under control and uncertainty has been eased by US-Iranian efforts to end the war, reducing the need for “forceful” rate rises, ECB President Christine Lagarde said Monday.

ECB holds steady on rates amid inflation concerns. No change at July 2026 meeting at 93.5% YES.

ECB chief also warns that 'the situation remains fragile, with risks of setbacks or possibly re-escalation'