The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation above its 2% target and the euro zone economy proving resilient, markets are pricing in further ECB rate hikes.

The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push eurozone inflation above 3%. While the…

Economists expect the ECB to raise its policy rate to 2.50 per cent from 2.25 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation…