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ECB Hikes Interest Rates for Second Time Since Iran War

Source: youtube.com

Monetary PolicyInterest Rates & YieldsInflationGeopolitics & War
ECB Hikes Interest Rates for Second Time Since Iran War

The European Central Bank raised its deposit rate 25bps to 2.5%, its second increase since the Iran war began, citing signs that inflation will remain materially above its 2% target. The move signals a more hawkish policy stance amid war-related inflation pressure and is likely to tighten euro-area financial conditions.

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