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ECB official says Middle East crisis weighs on eurozone growth, fuels inflation risks
This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. [Photo/Xinhua]
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cryptobriefing.com
ECB holds steady on rates amid Middle East conflict, inflation to hit target
ECB holds steady on rates amid inflation concerns. No change at July 2026 meeting at 93.5% YES.
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European Central Bank warns Middle East crisis is squeezing euro area growth and stoking inflation
The ECB raised rates to 2.25% and cut 2026 growth forecasts to 0.8% as Middle East conflict drives energy prices and inflation toward 3.4%.
