The Latest Breaking News from European Central Bank

Japan raises interest rates to 31-year high to curb impact of rising prices

Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy

The Guardian - UK · Sep 18

The Fed Raised Rates For The First Time In Three Years. The Dollar And Global Yields Are Feeling It.

The dollar reached a seven-week high Thursday while Treasury yields remained elevated, adding pressure on currencies and bond markets outside the United States.

International Business Times · Sep 17

Global Market | ECB may need more rate hikes as Iran war raises inflation risks: Kazaks

The European Central Bank may need to raise interest rates further to contain inflation as higher fuel costs linked to the Iran conflict risk feeding into wages and consumer prices. Policymaker Martins Kazaks said gradual tightening remains possible.

The Economic Times · Sep 14

Record heat and drought make this year's champagne stronger

For the first time, French champagne producers are allowed to sell their bubbly with more than 13% alcohol, as record heatwaves and drought have resulted in grapes containing unusually high levels of sugar. They fear that climate change may eventually force them to permanently rewrite the rules governing winemaking. Also…

France 24 · Sep 10

Shares fall as oil surge fuels inflation fears

Brent oil was quoted at 105.51 dollars a barrel.

Evening Standard · Sep 10

US oil jumps above $100 and stock futures slump

Amid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in global oil benchmarks that ripple through international markets. This surge coincides with a decline in U.S. stock futures, attributed to rising wholesale inflation in August. Meanwhile, the European…

The Economic Times · Sep 10

ECB raises interest rates as Iran war fuels inflation fears

The European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and conflict. The bank now forecasts inflation remaining above its target for some time. Economic growth projections were also adjusted upwards by the central bank. Markets anticipate further rate hikes…

The Economic Times · Sep 10

ECB hikes rates to 2.5% as energy shock pushes eurozone inflation higher

The European Central Bank has raised interest rates by a quarter point, lifting its deposit rate to 2.5%, as the energy shock driven by the Iran war pushes eurozone inflation higher and forces a second hike in three months.

Euronews · Sep 10

European Central Bank raises interest rates a quarter point to quell energy-fueled inflation

The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war

The Independent UK · Sep 10

Global Market: ECB seen raising rates as Iran war fuels inflation fears

The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation above its 2% target and the euro zone economy proving resilient, markets are pricing in further ECB rate hikes.

The Economic Times · Sep 10