The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as the Iran war pushes eurozone inflation to its highest level in nearly three years.
ECB raises interest rates for the first time in three years as Iran war fuels inflation
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Story Timeline
Thu 07:26 - Euronews
European markets open cautiously ahead of ECB rate decision
Thu 12:17 - Euronews
ECB raises interest rates for the first time in three years as Iran war fuels inflation
Thu 12:43 - DW All
ECB raises rates to tackle inflation surge
Thu 12:43 - DW Top
ECB raises rates to tackle inflation surge
Thu 13:35 - Financial Times
ECB raises interest rates for first time since 2023