ECB prepares for ‘longer-lasting’ inflation as it lifts interest rates to 2.5%
Central bank president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027
ECB prepares for ‘longer-lasting’ inflation as it lifts interest rates to 2.5%
Central bank president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027 Grouped from 6 articles across 5 sources.
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ECB hikes rates to 2.5% as energy shock pushes eurozone inflation higher
The European Central Bank has raised interest rates by a quarter point, lifting its deposit rate to 2.5%, as the energy shock driven by the Iran war pushes eurozone inflation higher and forces a second hike in three months.
ECB raises interest rates to fight off inflation jump
The European Central Bank raised borrowing costs and warned that inflation could remain high for an extended period. Energy markets and geopolitical tensions are still major concerns.
European Central Bank hikes interest rates to 2.5% as policymakers see risk of higher inflation, weaker growth
The central bank is contending with rising prices, the consequences of the U.S.-Iran war and surging government borrowing costs.
Demand for riskier mortgages rises again, along with interest rates
Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.
The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
The breakdown of the US-Iran ceasefire, rising oil prices and the explosion in datacentre investment are making the central bank’s task harder Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast For five years the Reserve Bank has been trying to wrangle inflation back to its 2.5% target, and for years it has essentially failed. The result is a cost-of-living crisis that has generated intense community grievance. Continue reading...
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