European Central Bank news, events & figures
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ECB raises rates to 2.25% as Iran war fuels inflation
The European Central Bank raised its key rate to 2.25%, citing energy-driven inflation pressures from the Iran war and a weaker growth outlook.
Energy shock puts ECB on course for expected rate hike
The ECB is expected to raise rates as euro zone inflation climbs, with higher energy prices reviving concern about broader price pressures.
ECB holds key rate at 2% as energy shock lifts inflation
The European Central Bank held its deposit rate at 2% as euro zone inflation rose to 3%, leaving a possible June move dependent on incoming data.
ECB and Bank of England expected to hold rates as inflation shock clouds outlook
The ECB and Bank of England are expected to keep rates unchanged Thursday as the Iran war pushes inflation higher and weakens growth signals.