Portugal’s central bank kept its 2026 growth forecast at 1.8% but raised its inflation outlook, warning that a severe Iran war scenario could hit growth and prices harder.
Portugal’s central bank kept its 2026 growth forecast at 1.8% but raised its inflation outlook, warning that a severe Iran war scenario could hit growth and prices harder.
Portugal’s finance minister said the ECB’s latest rate increase was not absolutely necessary, signalling a more cautious view on tightening amid a new Middle East-driven inflation shock.
