NewsTradingSentimentCalendarCommunityBriefing
Sign in
Markets

ECB Hikes Rates 25 Basis Points to Curb Inflation

By Markets Desk · 2026-09-10 · Updated 2026-09-10 13:43 UTC
A modern central bank building facade featuring tall classical columns and a stone entrance.
Illustration: Tradingbird

The European Central Bank raised its deposit rate to 2.5 percent to combat persistent inflation driven by geopolitical tensions and high energy costs. Lagarde emphasized that the outlook remains uncertain, with the bank committing to a data-dependent approach for future decisions.

  • The rate hike was driven by energy-fueled inflation stemming from high oil prices linked to the Iran conflict, a point highlighted by GN auto markets/bonds: interest rates. ING’s Carsten Brzeski noted the move signals the ECB’s vigilance in preventing broader economic pass-through, while Lagarde warned that risks remain skewed toward higher inflation and lower growth.

    Source: GN auto markets/bonds: interest rates

  • The European Central Bank lifted its deposit rate to 2.5 percent. This move targets persistent inflation driven by geopolitical tensions.

    Source: GN auto markets/bonds: interest rates
Based on reporting by GN auto markets/bonds: interest rates and GN auto markets/bonds: interest rates, compiled by the Tradingbird desk.

Read next

More in Markets
A classical bank facade with tall columns and a symmetrical entrance, depicted in flat vector style with muted blue and grey tones.
Markets · Macroeconomy & Central Banks

ECB Official Warns Aggressive Rate Hikes Threaten Growth

Gabriel Makhlouf cautions that excessive tightening by the ECB risks damaging economic expansion despite persistent energy-driven inflation.

2026-09-11Illustration: Tradingbird
A modern central bank building facade with classical columns
Markets · Macroeconomy & Central Banks

ECB Signals Further Rate Hikes as Inflation Stays Above Target

Wall Street banks now expect additional ECB rate hikes after a hawkish decision confirmed inflation will remain above 2% for an extended period.

2026-09-11Illustration: Tradingbird
A stylized bar chart rising against a neutral background
Markets · Macroeconomy & Central Banks

India GDP Base Shift Changes Growth Picture

India's Q1 2026-27 GVA growth stands at 8.23 percent under the new 2022-23 base, a significant increase from 6.55 percent calculated using the older 2011-12 benchmark.

2026-09-11Illustration: Tradingbird

More from the Markets desk

All desk stories