ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs - CNBC
June 12, 2026, 1:19 p.m.
The European Central Bank announced a quarter-point rate hike on Thursday, bringing its key interest rate to 2.25% as the Iran war continues to blow inflation off target.
Markets had been pricing in… [+2869 chars]
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