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fxJul 23, 2026, 1:09 PM

ECB's Lagarde Warns Energy Shock Could Intensify Further

ECB President Christine Lagarde discussed the central bank's decision to keep rates unchanged and warned that the energy shock could escalate further.

EURUSD

ECB President Christine Lagarde addressed the press following the central bank's decision to leave key interest rates unchanged at the July policy meeting.

During her remarks, Lagarde cautioned that the ongoing energy shock has the potential to intensify further, signaling persistent upside risks to inflation in the euro area.

Source: FXStreet Forex News