Europe Raises Interest Rates as War Stokes Inflation NYT - Top Stories By: Eshe Nelson 11 June 2026 at 13:31 The European Central Bank raised interest rates for the first time since 2023. It expects inflation to run hotter than previously thought, and downgraded its forecast for economic growth. © Samuel Aranda for The New York TimesThe European Central Bank is expected to raise its forecast for inflation as the war pushes prices higher.
Europe Watches Its Economic Recovery Fade Into the Distance NYT - Top Stories By: Eshe Nelson 8 June 2026 at 10:02 As the war in Iran persists, signs point to a prolonged period of higher prices and slower growth rather than a quick shock. © Violette Franchi for The New York TimesA supermarket in Paris. For Europe, the economic drag is now forecast to last into next year.
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