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ECB mulls rate increase amid energy cost rise
The European Central Bank has confirmed that rising energy costs necessitate a review of interest rate policies, indicating the possibility of raising them again if inflationary pressures persist due to increasing gas and electricity prices. The bank recently increased interest rates by 25 basis points to 2.5%, while evaluating economic data and the energy market to make future decisions aimed at controlling inflation and avoiding sharp, unsustainable increases. Inflation risks are mounting as energy costs continue to rise, raising concerns about their impact on wages and long-term inflation expectations.
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