In Reply to: Thursday comes again. posted by mh on September 10, 2026 at 09:18:59
The European Central Bank raised interest rates on Thursday for the second time this year to quell an energy-driven inflation rise and warned that price pressures could prove lasting, fuelling bets on more policy tightening as soon as October.
Attacks since late August by the U.S. and Iran on military, shipping and energy assets across the Middle East have sent oil prices back above $100 a barrel and revived fears about a wave of price hikes in the fuel-importing euro zone.
The ECB responded by raising its policy rate in a move ECB President Christine Lagarde described as a "no-brainer", and warned that the return of inflation to its 2% target, now seen at the end of 2027, could be delayed even further.