ECB's Lagarde on Iran War's Economic Impact, Rates and AI

How is the euro area economy holding up in the face of the Iran war. Well, let me take you back to February 27th. Europe was really on a great path and was well positioned.So we had recovery underway. We we're going to increase our projection. Most likely, inflation had been under control, oscillating around our 2% target for, you know, almost a year.And unemployment was at rock bottom and employment participation was still significantly higher. And then the war started. And that created a situation of, I t ...