Will UK interest rates go up?

The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

ECB Officials See Next Rate Increase Possible as Soon as July - Bloomberg.com

ECB Officials See Next Rate Increase Possible as Soon as July  Bloomberg.com

ECB raises rates and inflation forecasts in response to war in Iran

As expected the central bank increased rates to 2.25%

ECB raises eurozone interest rates as Iran war stokes inflation

European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring Business live – latest updates The European Central Bank has raised interest rates for the first time since 2023 in response to higher inflation caused by the war in Iran. The ECB raised its main deposit rate from 2% to 2.25% and financial markets are pricing in two more rises by next spring. Continue reading...

By Phillip Inman

ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs

ECB raises interest rate to tackle inflation surge

The European Central Bank has been moving to rein in inflation after a long pause on rate changes. The policy shift is aimed at tamping down prices while raising fresh concerns about growth.

The big question: Why is the European Central Bank hiking rates when the Fed is not?

The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.

By Steve Goldstein

Credit unions to hold interest rates on mortgages steady

Move comes as ECB hikes rates in a move expected to see bank mortgage rates rise

By Charlie Weston

ECB raises rates as Middle East war fuels inflation concerns

European Central Bank (ECB) policymakers raised interest rates by 25 basis points on Thursday, citing mounting inflation pressures linked to the war in the Middle East and warning that the conflict poses growing risks to both prices and economic growth across the euro area. The ECB Governing Council said it remains committed to ensuring inflation […]

Four developed market central banks are now hiking rates

ECB governors see July pause as likely after June hike

Raising interest rates doesn't help anyone says Tajani

(ANSA) - ROME, JUN 11 - Raising interest rates doesn't help anyone, Foreign Minister Antonio Tajani said after the European Central Bank hiked its main rate by a quarter point to 2.25% Thursday. "I'm never a supporter of raising interest rates. I believe that even in difficult times, access to credit should be made easier," said Tajani, who is also deputy premier, in response to a question about the ECB's hike. "Especially when inflation rises due to exogenous factors, it's better to leave ra...

By ANSA

ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook

ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation. Obviously, raising rates to dampen inflation could further slow the economy, while easing rates to support growth increases the risk that higher inflation becomes persistent. Clearly, Lagarde et al went wi...

By Tyler Durden

ECB hikes rates in first for major central bank after Iran war

The European Central Bank (ECB) on Thursday became the first major central bank to hike interest rates in response to the Iran war as policymakers wrestle with how to confront the...