ECB Expects Second Interest Rate Hike in 2026 to 2.50 Percent
The European Central Bank will approve a second interest rate hike in 2026 on Thursday and raise the benchmark rate to 2.50 percent. The move is triggered by rising energy prices, which are increasing in the course of the USA-Iran conflict and intensifying inflation concerns in the eurozone. Economists view this measure as a necessary response to stabilize prices.