ECB implements second 25bp hike of year
Bank says second-round effects have yet to show up in wage data as energy inflation spikes to 14.2%
The European Central Bank has implemented its second rate hike of 2026, bringing its policy rate to 2.5%.
The bank’s president Christine Lagarde announced the decision today (September) 10 in Berlin, Germany, alongside Deutsche Bundesbank president Joachim Nagel, ECB vice-president Boris Vujčić and the bank’s director-general for general communications Wolfgang Proissl. She said the decision to raise rates by 25 basis points had been a “no-brainer” and that ECB’s governing council had made the
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