ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs
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Source: CNBC
Published: 2026-06-11 22:16 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Europe, Military & Defence, Iran, Energy, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
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.
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