FILE - European Central Bank President Christine Lagarde speaks at Debate on the Global Economy conference during the World Bank/IMF Annual Meetings at the International Monetary Fund (IMF) headquarters in Washington, Oct. 16, 2025. (AP Photo/Jose Luis Magana, File)

(FILES) European Central Bank (ECB) President Christine Lagarde gestures as she addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on June 11, 2026. The European Central Bank on July 23, 2026 kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of fresh conflict in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)

(FILES) European Central Bank (ECB) President Christine Lagarde, with her glasses in her mouth, addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on June 11, 2026. The European Central Bank on July 23, 2026 kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of fresh conflict in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)

FILE - The Euro sculpture stands in front of the former headquarters of the European Central Bank (ECB) in Frankfurt, Germany, May 23, 2023. (AP Photo/Michael Probst, File)

People visit the Indus Robotics and Autonomous Systems (RAS) Expo at the Pakistan-China Friendship Center in Islamabad on July 23, 2026. (Photo by Aamir QURESHI / AFP via Getty Images)

People visit the Indus Robotics and Autonomous Systems (RAS) Expo at the Pakistan-China Friendship Center in Islamabad on July 23, 2026. (Photo by Aamir QURESHI / AFP via Getty Images)

People visit the Indus Robotics and Autonomous Systems (RAS) Expo at the Pakistan-China Friendship Center in Islamabad on July 23, 2026. (Photo by Aamir QURESHI / AFP via Getty Images)

Britain's Prime Minister Andy Burnham speaks with locals during a visit to the Hare Inn in Harlow, east of London with the Chancellor John Healy (not pictured) on July 23, 2026. The UK government Thursday announced a tax cut for struggling pubs, clubs and live music venues as new Prime Minister Andy Burnham aims to ease the cost of living crisis. (Photo by Richard Pohle / POOL / AFP via Getty Images)