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ECB raises interest rates as Iran war fuels inflation fears
The European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and conflict. The bank now forecasts inflation remaining above its target for some time. Economic growth projections were also adjusted upwards by the central bank. Markets anticipate further rate hikes while the ECB awaits more data.
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straitstimes.com
ECB set to hike as Iran war fuels fresh inflation fears
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.
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economictimes.indiatimes.com
Global Market: ECB seen raising rates as Iran war fuels inflation fears
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…
