42 Days
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الاقتصادية
European Central Bank Projects Inflation to Stay Above Target Until 2027 Despite Monetary Policy Tightening
The European Central Bank meeting minutes revealed that inflation remains high and is expected to stay above the target level until 2027, despite approximately three interest rate hikes planned for 2026. The minutes indicated that inflation will continue to rise during the summer and remain well above the target through the first half of 2027, even though the bank has increased interest rates to 2.25%. These projections come amid ongoing tensions between the United States and Iran and the potential for additional rate increases next year to contain the impact of the war on energy prices.
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