Artificial Intelligence Bank China Economy Elections European Finance Financial Crisis France Germany Investment Iran media intelligence military News Media Oil Russia shipping stocks Technology Ukraine United States War Weather
Synopsis The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation above its 2% target and the euro zone economy proving resilient, markets are pricing in further ECB rate hikes. The European Central Bank is widely expected to raise interest rates for the second time this year on Thursday as it seeks to contain a fresh inflationary shock triggered by soaring energy prices amid the Iran war, Reuters reported. Escalating attacks since the end of August have ended a period of…
News Timeline:
Track the development of this news story across the Internet.