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The Economic Times
The Economic Times
Business

ECB to hike rates as Mideast war pushes up inflation

ECB ING Inflation United States European Central Bank Iran Euro Interest Rates Iran War

The European Central Bank is expected to hike interest rates this week for the first time in two and a half years as the Iran war energy shock stokes inflation.

The ECB has kept borrowing costs on hold for some time as eurozone price rises had been largely under control.

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