Kenya's National Treasury and Economic Planning Cabinet Secretary John Mbadi holds the 'budget briefcase' in the famed pose outside his office at the Treasury as he proceeds to the Parliament building to read the 2026-2027 financial year national budget in Nairobi on June 11, 2026. (Photo by Tony KARUMBA / 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 June 11, 2026. The European Central Bank on June 11, 2026 raised its inflation forecasts while cutting growth expctations for this year as the blockade of the Strait of Hormuz threatens to prolong a surge in global energy prices. The bank now forecasts inflation of 3.0 percent under its baseline scenario, up from its March figure of 2.6 percent. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images) / ALTERNATIVE CROP

French left-wing party La France Insoumise (LFI) presidential candidate Jean-Luc Melenchon takes part in a demonstration to support a proposed law for the nationalisation of steelmaker ArcelorMittal France called by French workers union CGT on the esplanade des Invalides near the National Assembly, France parliament's lower house, in Paris on June 11, 2026. (Photo by SIMON WOHLFAHRT / AFP via Getty Images)

A person shelters from the rain under an umbrella as they walk near London Bridge, with The Shard skyscraper in the background, in London on June 11, 2026. (Photo by Justin TALLIS / AFP via Getty Images)

A person shelters from the rain under an umbrella as they walk near London Bridge, with The Shard skyscraper in the background, in London on June 11, 2026. (Photo by Justin TALLIS / AFP via Getty Images)

A person shelters from the rain under an umbrella as they walk near London Bridge, with The Shard skyscraper in the background, in London on June 11, 2026. (Photo by Justin TALLIS / AFP via Getty Images)

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. Lagarde on June 11 defended the decision to raise interest rates to tackle rising inflation, despite worries that it could hit the struggling eurozone economy. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)

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 June 11 raised its benchmark interest rate for the first time since 2023 as the Middle East war stokes inflation, despite concerns the move could hit the struggling eurozone economy. The ECB lifted its deposit rate a quarter point to 2.25 percent, becoming the first major central bank to tighten monetary policy in response to the energy shock unleashed by the conflict. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)