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وكالة صدى نيوز
ECB hikes rates to 2.5% amid Iran conflict
The European Central Bank raised interest rates to 2.5% on Thursday, in an effort to combat inflation resulting from the escalation of the war between the United States and Iran. The rise in oil and gas prices has put pressure on the European region. The bank stated that the conflict in the Middle East continues to generate inflationary pressures, with inflation expected to remain above the 2% target for a prolonged period. This is the second increase this year, part of efforts to address the rising prices caused by escalating security tensions in the region.
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