ECB hikes rates 25 basis points, cites persistent inflation risks

The European Central Bank has raised its benchmark rate to 2.50% in a Berlin meeting, citing persistent inflation driven by Middle East conflict and oil prices above $100. President Lagarde warned that inflation will remain above the 2% target for an extended period, noting that the bank will avoid committing to a specific future rate path until more data becomes available.
According to GN auto markets/bonds: interest rates, the ECB held its policy session in Berlin rather than its usual Frankfurt headquarters, a location shift that underscores the gravity of the decision. The bank also clarified that its previous pause in July was preceded by a June hike, reinforcing a pattern of data-dependent adjustments as it navigates supply chain disruptions.
Source: GN auto markets/bonds: interest ratesThe European Central Bank raised key rates by 25 basis points, with President Lagarde warning that conflict-driven costs will keep inflation above the 2% target for an extended period.
Source: GN markets/policy (en-US)






