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ECB raises rates again due to rising oil prices
2 sourcesPublished · Updated
The European Central Bank (ECB) raised the deposit rate to 2.5% in response to inflation exceeding 3%. The regulator links this to rising energy prices and geopolitical tensions, particularly the conflict in the Middle East.
Key facts
- Deposit rate raised to 2.5%
- Inflation exceeds 3%
- Inflation forecast for 2026 is 3%
European Central Bank · Middle East
Sources2
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Українські Національні НовиниEarliest tracked report
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