ECB Raises Interest Rates by 25 Basis Points, Signals Further Hikes Amid Inflation Concerns

Published: Sep 12, 2026 15:55 (GMT+8)

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The European Central Bank announced a 25 basis point hike in all three key interest rates, in line with market expectations. The central bank noted that the Middle East conflict continues to push up inflation, and inflation is expected to remain well above the target level for an extended period. According to people familiar with the matter, ECB officials expect to raise rates further, with the next move possibly coming as soon as October.

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