#KoreaCentralBankUrgesWonStablecoinFramework The minutes of the June meeting of the European Central Bank indicated that the rise in energy prices would push inflation over the 2% target in the medium term. Due to the situation in Iran and the consequent increase in energy prices, the ECB raised its benchmark interest rate to 2.25%. The central bank warned that the persistence of high oil prices could trigger an inflationary chain reaction, causing inflation expectations to continue rising