Pedestrians walk outside the Bank of England in central London on March 19, 2026. The Bank of England left its benchmark interest rate at 3.75 percent on March 19, as it monitors the inflation outlook, pressured by rising energy prices from the Middle East war. (Photo by Henry NICHOLLS / AFP via Getty Images)

A pedestrian walks outside the Bank of England in central London on March 19, 2026. The Bank of England left its benchmark interest rate at 3.75 percent on March 19, as it monitors the inflation outlook, pressured by rising energy prices from the Middle East war. (Photo by Henry NICHOLLS / AFP via Getty Images)

A pedestrian walks outside the Bank of England in central London on March 19, 2026. The Bank of England left its benchmark interest rate at 3.75 percent on March 19, as it monitors the inflation outlook, pressured by rising energy prices from the Middle East war. (Photo by Henry NICHOLLS / AFP via Getty Images)

Pedestrians walk outside the Bank of England in central London on March 19, 2026. The Bank of England left its benchmark interest rate at 3.75 percent on March 19, as it monitors the inflation outlook, pressured by rising energy prices from the Middle East war. (Photo by Henry NICHOLLS / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche (L) and German Defence Minister Boris Pistorius address a press conference on security and defence industry issues at the Ministry for Economic Affairs and Energy in Berlin on March 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

(R-L) German Defence Minister Boris Pistorius, German Economy and Energy Minister Katherina Reiche and Peter Leibinger, President of the Federation of German Industries (BDI) address a press conference on security and defence industry issues at the Ministry for Economic Affairs and Energy in Berlin on March 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche (L) and German Defence Minister Boris Pistorius address a press conference on security and defence industry issues at the Ministry for Economic Affairs and Energy in Berlin on March 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

(R-L) German Defence Minister Boris Pistorius, German Economy and Energy Minister Katherina Reiche and Peter Leibinger, President of the Federation of German Industries (BDI) address a press conference on security and defence industry issues at the Ministry for Economic Affairs and Energy in Berlin on March 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)