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ECB set to hike as Iran war fuels fresh inflation fears

Economists expect the ECB to lift its policy rate to 2.5% and signal more tightening as oil and gas prices jump.

Summary by WTVB
By Francesco Canepa and Balazs Koranyi FRANKFURT, Sept 10 (Reuters) – The European Central Bank looks set to raise interest rates on Thursday for the second time this year, seeking to head off an energy-driven surge in inflation triggered by the Iran war. Attacks by both sides since the end of August have shattered a month of relative calm, with the U.S. and Iran hitting military, shipping and energy assets. That ​has sent oil and gas prices soa…

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ReutersReuters
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Center

ECB set to hike as Iran war fuels fresh inflation fears

·London, United Kingdom
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This Thursday, the European Central Bank is expected to increase interest rates, thus seeking to halt the rise in inflation, which reached 3.3% in the Eurozone in August, moving away from the 2% desired.

Economists expect the authorities to respond by raising their basic interest rate from 2.25% to 2.50%

·São Paulo, Brazil
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Reuters broke the news in London, United Kingdom on Wednesday, September 9, 2026.
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