Sep. 10 at 12:17 PM
$HOOD ECB HIKES RATES 25 BPS AS INFLATION RISKS RISE
The ECB raised rates by 25 basis points, taking the deposit rate to 2.50%, as the Middle East conflict keeps inflation pressures elevated.
The ECB now sees inflation averaging 3.0% in 2026, 2.5% in 2027 and 2.1% in 2028, with the latter two forecasts revised higher.
Growth forecasts were also upgraded, while the ECB stressed that future rate decisions remain data-dependent with no pre-set path.
