Why the ECB is in a tricky spot (opens in new tab)

The European Central Bank will meet today and make a decision that depends heavily on events happening thousands of kilometers away. That’s because the war in Iran has pushed up energy prices and inflation. ECB President Christine Lagarde and her fellow rate-setters will be in a tricky spot when deciding whether to raise borrowing costs. Zoya and Ian explain the dilemma. The conflict in the Middle […]