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EU cuts growth forecasts as Middle East war lifts inflation

Filed: May 21, 2026 at 7:04 AM ET
Summary: European Commission forecasts slower EU growth and higher inflation from energy prices.
WHO: European Commission
WHAT: Cut growth forecasts for the EU and projected higher inflation driven by energy prices
WHEN: May 21, 2026 at 5:32 AM ET
WHERE: European Union
WHY: The Middle East war is expected to push up energy prices, raising inflation.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 2 earlier reports
🔍 6 sources analyzed

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