An aerial view shows ongoing construction of new build homes, some with solar panels on their roofs in Send, south of London on April 30, 2026. The Bank of England on April 30 left its benchmark interest rate unchanged at 3.75 percent, but signalled hikes could be needed if the Middle East war continues to drive up inflation. (Photo by Justin TALLIS / AFP via Getty Images)

An aerial view shows residential properties, including detached houses and homes in Guildford, south of London on April 30, 2026. The Bank of England on April 30 left its benchmark interest rate unchanged at 3.75 percent, but signalled hikes could be needed if the Middle East war continues to drive up inflation. (Photo by Justin TALLIS / AFP via Getty Images)

European Central Bank (ECB) President Christine Lagarde addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on April 30, 2026. The European Central Bank kept its key interest rate on hold on April 30, 2026 as it warned that risks to growth and inflation had "intensified" as a result of the war in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images) / ALTERNATIVE CROP

European Central Bank (ECB) President Christine Lagarde addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on April 30, 2026. The European Central Bank kept its key interest rate on hold on April 30, 2026 as it warned that risks to growth and inflation had "intensified" as a result of the war in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images) / ALTERNATIVE CROP

European Central Bank (ECB) President Christine Lagarde addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on April 30, 2026. The European Central Bank kept its key interest rate on hold on April 30, 2026 as it warned that risks to growth and inflation had "intensified" as a result of the war in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)

European Central Bank (ECB) President Christine Lagarde fixes arrives for a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on April 30, 2026. The European Central Bank kept its key interest rate on hold on April 30, 2026 as it warned that risks to growth and inflation had "intensified" as a result of the war in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)

European Central Bank (ECB) President Christine Lagarde addresses a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on April 30, 2026. The European Central Bank kept its key interest rate on hold on April 30, 2026 as it warned that risks to growth and inflation had "intensified" as a result of the war in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)

European Central Bank (ECB) President Christine Lagarde inspects her glasses at a press conference on the Eurozone's monetary policy, at the central bank's headquarters in Frankfurt am Main, western Germany, on April 30, 2026. The European Central Bank kept its key interest rate on hold on April 30, 2026 as it warned that risks to growth and inflation had "intensified" as a result of the war in the Middle East. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images) / ALTERNATIVE CROP