Why did the ECB raise rates after two years? Middle East war-driven inflation forces policy U-turn
- Posted on June 11, 2026
- By Financial Express
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- 1 min read
Why did the ECB raise rates after two years? Middle East war-driven inflation forces policy U-turn
The ECB delivered its first rate hike since 2023 as rising energy prices and persistent inflation linked to the Middle East conflict reshape policy decisions.