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Updated: 6:41 am Mar 26, 2026

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Elections 2026

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ECBs Christine Lagardes alert: Prices may rise faster than in 2022 due to Iran war

European Central Bank chief Christine Lagarde warns businesses might raise prices quicker due to recent inflation experiences. She notes that memories of the 2022 price surge after Russia's Ukraine invasion could influence current reactions. While current oil price jumps are smaller, persistent inflation above the ECB's target will require strong action. The bank is closely monitoring the situation.

26 Mar 2026 1:22 am

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