ECB lowers GDP outlook and raises inflation projections for eurozone

The European Central Bank (ECB) lowered its eurozone economic growth forecasts for 2026 and 2027 while raising its inflation outlook, citing the growing impact of the war in the Middle East on energy markets and consumer confidence.

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The European Central Bank (ECB) lowered its eurozone economic growth forecasts for 2026 and 2027 while raising its inflation outlook, citing the growing impact of the war in the Middle East on energy markets and consumer confidence.

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