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ECB Holds Rates Steady As Oil Risks Loom. Traders Are Betting On A September Hike

Posted on July 24, 2026
By International Business Times
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1 min read

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ECB Holds Rates Steady As Oil Risks Loom. Traders Are Betting On A September Hike

The ECB voted to leave its main interest rate at 2.25%, a decision that was widely expected after the central bank delivered a quarter-percentage-point increase in June, its first rate hike since 2023.