ECB to hike interest rates amid elevated energy prices The European Central Bank is expected to increase interest rates due to rising energy prices. Headline euro zone inflation rose to 3.2% in April, driven by a 10.9% year-on-year surge in energy prices. Th
ECB to hike interest rates amid elevated energy prices
The European Central Bank is expected to increase interest rates due to rising energy prices.
Headline euro zone inflation rose to 3.2% in April, driven by a 10.9% year-on-year surge in energy prices.
The bank’s Governing Council is expected to hike its key deposit rate by 25 basis points to 2.25%.
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