ECB Interest Rate Hike to 2.25% and UK GDP Contracts 0.1%
The European Central Bank jolted markets yesterday with its first interest‑rate increase since 2023, a move driven by renewed energy‑price pressures linked to the U.S./Iran conflict. Policymakers signalled that the surge in wholesale gas and oil costs is feeding back into euro‑area inflation, forcing a return to tightening after more than two years of stability. …
Continue reading “ECB Interest Rate Hike to 2.25% and UK GDP Contracts 0.1%”

