ECB Hikes for First Time Since 2023 as Inflation Heats Up
The European Central Bank raised interest rates for the first time in almost three years, concluding it can no longer wait out the Iran war as inflation pressures intensify.
By Jana Randow, Alexander Weber · Bloomberg Markets
The European Central Bank raised interest rates for the first time in almost three years, concluding it can no longer wait out the Iran war as inflation pressures intensify.