ECB holds rates, revises inflation higher and growth lower, highlighting stagflation risks while resisting commitment to a tightening path. The Governing Council kept the deposit rate unchanged at 2.00%, as widely expected, but updated projections revealed a more challenging macro backdrop driven by rising energy prices. Headline inflation is now projected to average 2.6% in […]The post ECB raises inflation forecast, cuts growth as energy shock bites appeared first on ActionForex.