Business

ECB Considers Rate Hike Amid Inflation Concerns

Updated 2026-07-23 13:40 UTC 1 source Neutral

The European Central Bank is mulling a September rate hike due to persistent inflation. ECB President Christine Lagarde stated that the bank expects inflation to remain above target until mid-2027.

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Traders see September rate hike as European Central Bank mulls energy price spike

ECB president Christine Lagarde said the bank anticipates inflation to remain "well above target" until the first half of 2027.

2026-07-23 13:25 UTC