ECB set for September rate hike as Iran war keeps inflation elevated
European Central Bank policymakers are preparing to raise interest rates at their September meeting, according to people familiar with the discussions. The expected move would lift the policy rate to 2.5% from 2.25% as officials respond to inflation pressures linked to the Iran war. The central bank is also said to have little appetite to signal further tightening beyond that point.The reported increase would come after the ECB raised borrowing costs in June for the first time in nearly three years. That earlier move was intended to stop a war-driven rise in energy prices from spreading more broadly through the... [Continue Reading]
360LiveNews | 26 Aug 2026 08:31 LONDON
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