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European Central Bank President Christine Lagarde Says April Rate Hike Is Possible if Iran War Fuels Inflation

Christine Lagarde says the European Central Bank could raise interest rates as early as April if an energy-driven inflation shock tied to an Iran war intensifies, though she says it is too early for a decision.

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Terms & Concepts
  • Interest rates: Benchmark borrowing costs set by a central bank that influence lending, savings, and overall financial conditions.
  • Inflation shock: A sudden surge in prices, often driven by supply disruptions such as higher energy costs, that can pressure central banks to tighten policy.