The European Central Bank announced a raise of its benchmark interest rate to 2.5 percent, stating the move is intended to combat inflation driven by the conflict in the Middle East.
Further verified details were not immediately available.


The European Central Bank increased its benchmark rate to 2.5 percent, citing inflation pressures linked to the Middle East conflict.

The European Central Bank announced a raise of its benchmark interest rate to 2.5 percent, stating the move is intended to combat inflation driven by the conflict in the Middle East.
Further verified details were not immediately available.

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.
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