ECB Signals Decisive Action on Iran Energy Shock to Protect Inflation Target
ECB President Christine Lagarde pledged that the central bank will not be 'paralyzed by hesitation' in the face of rising energy costs stemming from the conflict in Iran. She reaffirmed an unconditional commitment to the 2% inflation target, signaling a readiness to act swiftly if price pressures broaden across the Eurozone.