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The ECB kept interest rates unchanged on Thursday, but investors expect the bank to raise interest rates in the next few months to curb inflation caused by the Middle East war. The ECB deposit mechanism interest rate remained unchanged at 2.25%, in line with market expectations. Last month, the bank raised interest rates for the first time in nearly three years. As the tension in the Strait of Hormuz escalates, global oil prices have once again approached $100 per barrel, once again triggering the risk of inflationary pressure caused by the war.
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The ECB kept interest rates unchanged on Thursday, but investors expect the bank to raise interest rates in the next few months to curb inflation caused by the Middle East war. The ECB deposit mechanism interest rate remained unchanged at 2.25%, in line with market expectations. Last month, the bank raised interest rates for the first time in nearly three years. As the tension in the Strait of Hormuz escalates, global oil prices have once again approached $100 per barrel, once again triggering the risk of inflationary pressure caused by the war.
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