ECB raises rates to 2.5%, lifts growth and inflation projections
The ECB raised interest rates to 2.5% and lifted its growth and inflation projections. ECB governors warned the Iran war is fueling inflation and suggested more tightening ahead with October in play.
5%, Warns Iran War Fuels Inflation - ECB Governors See More Tightening Ahead With October In Play - ECB Lifts Growth, Inflation Projections - IMF Says Global Growth On Track To Reach 3% In 2026, Risks Remain High - Druckenmiller: US Borrowing Costs Still 'A Little Low' Despite Surge In Yields - OPEC Further Lowers 2026 Global Oil Demand Growth Forecast - Sam Altman Pitches Utilities On AI Grid Defence - SpaceX Overhauls Data Centre Build-Out, Potentially Slowing Expansion - China Pauses New Battery Projects Pending Capacity Review - Houthis Seize Key Yemeni Port In Drive To Take Control Of Red Sea Coast - Iran Is Producing Ballistic Missiles Again - Iran President Pezeshkian To Travel To India Friday For BRICS Summit CLICK HERE