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Last updated: 2026-06-13 18:32:05 ET
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
The closure of the Strait of Hormuz and ensuing jump in energy prices has dramatically altered the paths for central banks around the world.
European Central Bank has lifted interest rates and warned that the war in the Middle East is generating inflation pressuresThe financial markets are ...
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Alongside an anticipated interest-rate hike on Thursday, the central bank is expected to raise its inflation forecast from March, which assumed a swif...
A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’The UK government has been acc...
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