ECB expected to raise rates as borrowing costs rise across the eurozone
The European Central Bank is expected to announce a 0.25 percentage point rise in its main interest rate on Thursday, taking it to 2.25%. The move would be the first increase since 2022 and would mark a further shift in the bank's response to inflation pressures. It would also feed through quickly to borrowing costs for households and businesses across the eurozone.Christine Lagarde, the ECB president, is expected to set out the decision at the bank's regular policy announcement. The rise is being linked to higher oil costs, which have added to the cost of living and strengthened expectations that... [Continue Reading]
360LiveNews | 07 Jun 2026 07:30 LONDON
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