ECB hikes key rates as Iran war sends oil above $100; inflation fears surge
- Posted on September 10, 2026
- By Financial Express
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- 1 min read
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ECB hikes key rates as Iran war sends oil above $100; inflation fears surge
The European Central Bank raised interest rates by 25 basis points to 2.50% amid rising inflation driven by energy costs and geopolitical tensions in Iran, signaling prolonged inflation above target through 2028.
