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ECB Expected to Raise Interest Rates

Key Points

The European Central Bank is set to raise borrowing costs for the second time since the start of the Iran war. The deposit rate will be lifted by a quarter-point to 2.5% on Thursday, according to all but one analyst in a Bloomberg poll. Bloomberg's Oliver Crook reports from Berlin.

The European Central Bank is set to raise borrowing costs for the second time since the start of the Iran war. The deposit rate will be lifted by a quarter-point to 2.5% on Thursday, according to all but one analyst in a Bloomberg poll. Bloomberg's Oliver Crook reports from Berlin. (Source: Bloomberg)
ECB (ORG) The European Central Bank (ORG) the Iran war (EVENT) Bloomberg (ORG) Oliver Crook (PERSON) Berlin (LOCATION)
Originally published by Bloomberg Markets Read original →