Banking & Economics
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ECB to Hike Interest Rates Again as Iran War Fans Inflation
The European Central Bank is set to raise borrowing costs for the second time since the Iran war sent energy prices soaring, with inflation locked well above target and the region’s economy proving surprisingly robust.
Key Highlights
- The European Central Bank is set to raise borrowing costs for the second time since the Iran war sent energy prices soaring, with inflation locked well above target and the region’s economy proving surprisingly robust.
- 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 Mark Schroers · Syndicated via official news feed
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