ECB's Martins Kazaks warns of rising inflation risks as the central bank raises rates by 25 basis points, signaling a gradual but data-dependent tightening

ECB raises rates by 25 basis points as inflation exceeds target. No change at the July 2026 meeting at 80.5% YES.

ECB Governing Council member Peter Kazimir says a June rate hike is 'all but inevitable' as the Iran war drives energy prices and eurozone inflation higher.

ECB's Martins Kazaks warns of rising inflation risks as the central bank raises rates by 25 basis points, signaling a gradual but data-dependent tightening