ECB rate announcement live: Hike expected as Irish households face higher costs

ECB Raises Interest Rates – Further Hikes May Follow

ECB raised rates 25bp (June 17), revising inflation to 3.0% for 2026 against 0.8% GDP downgrade. Higher financing costs will compress M&A deals, reduce tech capex, and push IT leaders to prioritize immediate ROI over growth-stage infrastructure bets.