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ECB raises interest rates for the first time in three years as Iran war fuels inflation
Why this matters: an international story with cross-border implications worth tracking.
The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as the Iran war pushes eurozone inflation to its highest level in nearly three years.
Read full story on Euronews → More top storiesAlso covered by
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ECB raises eurozone interest rates as Iran war stokes inflation
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ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs
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DW English
ECB raises rates to tackle inflation surge
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