Eurozone hit by first interest rate rise since 2023 as ECB battles inflation from Middle East war – business live

European Central Bank has lifted interest rates and warned that the war in the Middle East is generating inflation pressures The financia…

Source Guardian Updated 1h 54m ago AI Summary

AI Summary

European Central Bank has lifted interest rates and warned that the war in the Middle East is generating inflation pressures The financial markets are surprisingly calm this morning, as conflict erupts again in the Middle East. European stock markets are mostly higher this morning, while the oil price is now slipping back. “As has often been the case during…

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