The ECB is expected to raise interest rates twice in 2026, pushing the deposit rate to 2.50% as euro-area inflation nears 3% amid surging energy prices.

The ECB is expected to raise interest rates twice in 2026, pushing the deposit rate to 2.50% as euro-area inflation nears 3% amid surging energy prices.

Economists warn the ECB's potential rate hike at its June 2026 meeting risks repeating the 2011 policy mistake that worsened the eurozone debt crisis.