European Central Bank chief economist Lien said: The core consideration in the interest rate hike decision is the impact of energy shocks on inflation. When the Middle East conflict broke out this spring, the market feared that the economy would be hit even harder. However, this negative impact did not appear throughout the summer. Part of the reason was that energy prices fell for a while; after the memorandum of understanding between Iran and the US reached a memorandum of understanding, market sentiment improved, and energy prices fell. I think this supported the European economy during the summer. But now that a new round of price increases has appeared, and the duration of the conflict is once again uncertain, we will continue to study one question based on data: can this part of the support received by the economy continue. Furthermore, in addition to energy shocks, there are also financial support factors this year. He said he focused on two points. The first is Germany's infrastructure and defense projects. Another point is the supporting role of artificial intelligence in the economy.

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