ECB Highlights Eurozone’s Resilience Amid Energy and Geopolitical Shocks
At the International Monetary and Financial Committee meeting, Christine Lagarde noted the global economy's surprising resilience amid high uncertainties, including Middle East conflict and trade tensions. She highlighted the eurozone's resistance to energy shocks with moderate growth expected through 2028, while risks remain tilted to the downside for growth and upside for inflation. Lagarde stressed strong fiscal policies, AI investments, and structural reforms to bolster economic resilience.