EconomyECB raises interest rates to fight off inflation jump

The European Central Bank raised interest rates to contain inflation fueled by higher energy costs linked to the US-Iran war. Eurozone inflation has risen above 3%, while the ECB projects 0.9% economic growth and 3.0% inflation for 2026, warning that price pressures may persist well above target.

European Central Bankinterest ratesinflationenergy prices

DDW★★★★☆2026-09-10 13:39Original