The European Central Bank (ECB) has raised its three key interest rates by 25 basis points, citing inflation risks from the Middle East conflict and higher energy prices.
The deposit rate will rise to 2.25 per cent from June 17.
The ECB forecasts euro area inflation at 3.0 per cent in 2026 and growth at 0.8 per cent, while maintaining a data-dependent approach to future policy decisions.
The deposit rate will rise to 2.25 per cent from June 17.
The ECB forecasts euro area inflation at 3.0 per cent in 2026 and growth at 0.8 per cent, while maintaining a data-dependent approach to future policy decisions.
