Business & Finance
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)