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ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level

ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level
Bloomberg Markets Thursday 25 June 2026, 10:41 UTC By Mark Schroers, Jana Randow, Alexander Weber 1 min read
Key Points

Central Banks ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level A sharp drop in oil prices amid progress in Middle-East peace talks has prompted some economists to scale back expectations for European Central Bank interest-rate increases. Oxford Economics on Thursday said that it no longer expects additional moves after this month’s first hike since 2023, with the abrupt fall in energy prices following the Iran-US deal “cutting the initial inflation spike short.”

Central Banks ECB Rate-Hike Forecasts Pared Back as Oil Regains Pre-War Level A sharp drop in oil prices amid progress in Middle-East peace talks has prompted some economists to scale back expectations for European Central Bank interest-rate increases. Oxford Economics on Thursday said that it no longer expects additional moves after this month’s first hike since 2023, with the abrupt fall in energy prices following the Iran-US deal “cutting the initial inflation spike short.”
ECB Rate-Hike Forecasts Pared Back (ORG) Middle-East (LOCATION) European Central Bank (ORG) Oxford Economics (ORG) Iran (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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