US Seeks to Revive Iran Talks Amid Conditional Ceasefire (Video)

ECB raises rates to tackle inflation surge

ECB raises rates to tackle inflation surge June 11, 2026The European Central Bank has raised interest rates for the first time in nearly three years to counter inflation linked to the Iran war. Policymakers in Frankfurt lifted the benchmark deposit rate by 0.25 percentage points to 2.25%, ending a long pause after seven consecutive holds at 2.0%. The last rate hike in the eurozone came in September 2023.

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