European Union — European Central Bank & Emmanuel Macron

European Union — European Central Bank: The European Union — European Central Bank (ECB) welcomed the US-Iran ceasefire, with President Christine Lagarde noting its potential to reopen the Strait of Hormuz. However, policymaker Joachim Nagel cautioned that it would not bring immediate relief to high euro zone inflation, influencing market expectations for future rate hikes.

Emmanuel Macron: Emmanuel Macron, the French President, welcomed the US-Iran agreement and expressed France's readiness to help restore normal shipping traffic in the Strait of Hormuz.

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to inflation fueled by the Iran war, becoming the first major central bank to do so, aiming to dampen consumer price inflation.

Emmanuel Macron: President Emmanuel Macron>>> will chair the G7>>> summit in Evian, aiming to broaden the relevance of the G7>>> club and address global issues.

European Union — European Central Bank: The European Union — European Central Bank is mentioned in the context of its monetary policy's role in strengthening the European Union's single market and supporting growth.