EconomyECB holds interest rates steady as Iran war fuels inflation

The European Central Bank has left its base interest rates unchanged. It said it was closely monitoring the shock to energy prices. The war against Iran has driven energy costs higher, pushing inflation above the ECB’s targets. The central bank’s response reflects concern over the inflationary effects of the energy shock while rates remain on hold.

European Central Bankinterest ratesinflationIran war

DDW★★★★☆2026-07-23 13:54Original