ECB Hikes Rates to 2.25% as Iran War Fuels Inflation
The European Central Bank raised interest rates by 25 basis points to 2.25%, its first hike since 2023, as the Iran conflict drives energy costs and pushes inflation above target.
The European Central Bank raised interest rates by 25 basis points to 2.25%, its first hike since 2023, as the Iran conflict drives energy costs and pushes inflation above target.
