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ECB Lifts Rates for Second Time as Iran War Drives Inflation

The European Central Bank increased interest rates for the second time since the Iran war broke out in February, responding to signs inflation is set to stay well above 2%.

ECB Lifts Rates for Second Time as Iran War Drives Inflation

Key Highlights

  • The European Central Bank increased interest rates for the second time since the Iran war broke out in February, responding to signs inflation is set to stay well above 2%.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
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Reported by Jana Randow, Mark Schroers and Alexander Weber · Syndicated via official news feed

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