Add Axios as your preferred source to
see more of our stories on Google.
ECB president Christine Lagarde. Photo: Kenzo Tribouillard/AFP via Getty Images
Two of the world's most important central banks appear poised to raise interest rates in the coming days, as policymakers look to get ahead of the energy price surge translating into broader inflation.
Driving the news: The European Central Bank's policy committee meets Thursday and is expected to raise its main deposit rate to 2.25%, from 2%, which would be its first rate increase in three years.












