In the spirit to Europe Day in Riga, Members of the European Parliament met with Latvian policymakers and experts to discuss the future of European security
The ECB faces a rate decision dilemma as Eurozone growth stalls to 1.1% amid Iran war-driven inflation, with President Lagarde citing geopolitical uncertainty while policymakers adopt a cautious hold stance.
The ECB, Federal Reserve, and Bank of England face stagflation pressures from the Iran war, with eurozone growth cut to 1.1% and inflation sticky above 3%, prompting all three central banks to hold interest rates unchanged next week.
The ECB faces stagflation as Eurozone growth stalls and Iran war-driven energy costs spike, forcing policymakers to balance supporting weak economies against sticky inflation while keeping rates unchanged next week.