ECB raises key interest rates by 0.25 points. Fed rate cut in next three meetings at 0.1% YES, and no cut at 66.5% YES.

ECB raises key interest rates by 0.25 points. Fed rate cut in next three meetings at 0.1% YES, and no cut at 66.5% YES.

The European Central Bank has raised interest rates by a quarter point, lifting its deposit rate to 2.5%, as the energy shock driven by the Iran war pushes eurozone inflation…