The ECB raised rates to 2.25% as Eurozone inflation hit 3.2% amid the Iran war, while the Fed held steady. Here's what it means for markets and crypto.

European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, Sept. 11,…

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring

ECB is first big central bank to hike rates since Iran war

The European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This move aims to combat accelerating…

The bank announced on Thursday that it was raising three key ECB interest rates by 25 basis points to keep inflation under control.